WALMART CFO: “TARIFFS ARE STILL TOO HIGH FOR CONSUMERS”
Walmart CFO, John David Rainey:
"When we look at the entire year, we feel very equipped to be able to navigate this.
We haven’t changed our full-year guidance on sales or operating income.
Just a week ago, we were at a 45% tariff rate.
We’re very appreciative of the progress the administration has made, but I would say that it’s still too high for consumers."
Source: @unusual_whales, CNBC
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