Chief Financial Officer John David Rainey told CNBC that Walmart has “fully absorbed” tariff costs for some products and “had to pass some of those costs along” for others.
Walmart sales outlook improves despite new tariff costs
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The retailer’s chief financial officer, John David Rainey, told The Associated Press that he thought car seats made in China that were selling for $350 at Walmart would likely cost customers another $100.
Retail sales rise a solid 0.5% in July from June as shoppers seem to shrug off tariff pressures
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