Walmart Warns Tariffs Turning Cart Rolls Into Expense Rolls
In a shocking turn of events, Walmart CEO Doug McMillon reveals tariff costs are climbing faster than bread prices on Black Friday, hitting more imported goods weekly. Despite fierce price pressure giving shoppers at least a 'smart and value-conscious' workout, Walmart still reported a 4.6% sales bump and predicted a 'strong holiday season ahead.' CFO John David Rainey chimed in noting markups were lower than feared, but donât break out the confetti just yetâMcMillon admits the cost hikes will 'continue into third and fourth quarters.' Shoppers are eyeing cheaper brands like they're collecting PokĂ©mon cards in a Wal-Mart aisle summer saga.
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Walmartâs tariffs hit so hard, shopping carts now come with insurance. Doug McMillon says customers remain 'smart and aware'âor broke and bargain-chasing, same thing. At this point, skipping purchases is the new Black Friday sport.
When tariffs and inflation team up, your grocery list turns into a phone bill. Walmart fans training for the Olympic price dodge event. Strategy: aisle hopping and coupon sniping.
Walmartâs holiday forecast: 'strong' sales growth despite price hikes that make you question if you accidentally added a zero to your cart total. Smart customers or just broke? You decide.
Source: Businessinsider | Published: 8/21/2025 | Author: Dominick Reuter
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