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Walmart rolled through 2024, but uncertainty about consumers and tariffs seep into year aheadDuring an interview with The Associated Press Thursday, Walmart's Chief Financial Officer John David Rainey said shoppers remain resilient while cautious, but there is no apparent change in behavior ...
Target shoppers can expect to see price increases on produce “over the next couple of days,” boss Brian Cornell said on ...
Shoppers flooded to Walmart for groceries and clothing last year. But 2025 will be trickier for the retail giant as inflation ticks back up and Trump’s tariffs kick in.
John David Rainey, said during the company’s earnings call. The Bentonville, Arkansas-based retailer is seen as a bellwether for U.S. consumer spending, so its cautious outlook suggests that ...
CFO John David Rainey points to a heightened degree of uncertainty contributing to the company's cautious outlook. Stubborn inflation, especially in groceries, and potential tariffs are some of ...
We can lean into our private brands. There's a lot of tools that we have that to try to keep those prices low for customers," CFO John David Rainey told Yahoo Finance. Walmart touts that two ...
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Walmart is thriving among wealthier shoppers, but for lower-income customers, the situation is more challenging, according to ...
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Walmart stock slides after issuing 'measured' sales outlook despite bumper holiday quarterIts chief financial officer, John David Rainey, said on an earnings call: "We're one month into the year, so I think it's prudent to have an outlook that is somewhat measured. We don't want to get ...
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Walmart CFO defends its conservative guidance as Wall Street remain high on the stock after its plunge"They're conflating our guidance with ... maybe suggesting that we're feeling like things aren't as good, or the economy is softer," John David Rainey told Yahoo Finance over the phone.
In an interview with CNBC, Chief Financial Officer John David Rainey said that while some two-thirds of Walmart's products are sourced from the U.S., the company was “not going to be completely ...
During an interview with The Associated Press Thursday, Walmart’s Chief Financial Officer John David Rainey said shoppers remain resilient while cautious, but there is no apparent change in ...
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