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Walmart may have to raise prices if Trump tariffs take effect, CFO says
Walmart might have to hike costs if some of President-elect Trump's tariffs take effect, the company's CFO told CNBC's Melissa Repko on Tuesday. Why it matters: Consumers could lose between $46 billion and $78 billion in spending power each year if new tariffs on imports to the U.
Walmart among US companies raising concerns over proposed Trump tariffs
Tariffs could raise prices on clothing, toys, furniture, appliances, footwear and travel goods, particularly items where China is a major supplier.
Walmart exec warns customers Trump’s tariffs could mean higher prices
Our model is everyday low prices,” CFO John David Rainey said. “But there probably will be cases where prices will go up for consumers.”
Why Trump’s Tariffs Could Raise Grocery Prices
Groceries that are most likely to be affected are those that are hard to produce in the U.S., like coffee, bananas, or cocoa.
Walmart says prices will 'probably' go up if Trump tariffs take effect
Walmart is the latest company to signal price hikes may be on the way if Donald Trump makes good on his tariffs promise.
Forbes Daily: Walmart Warns Tariffs Would Likely Increase Its Prices
Wednesday's edition of Forbes Daily covers Nvidia's pre-earnings surge, a Jersey Mike's deal, the source of Dr. Oz's fortune, handling NASA's information and more.
1h
on MSN
Walmart’s automation boom means lower delivery costs and better careers, says CFO
More than 50% of Walmart’s fulfillment center volume is automated, twice as much as this time last year, Walmart CFO John ...
20h
How Technology Makes The CFO’s Job More About Driving Value
Finance departments plan for AI to drive efficiency—with fewer people, Trump stock rally slows, the fight to be Treasury ...
Yahoo
15h
Vance calls Bannon WarRoom CFO a ‘mouth-breathing imbecile’ after she slams him for skipping Senate vote
Incoming Vice President JD Vance lashed out at the chief financial officer of Steve Bannon’s podcast on Tuesday for ...
3h
After changing CEOs in June, Salsify now names a new CFO
Salsify has brought in another C-level executive, who is remaining noncommittal about the software company's previously vocal ...
22h
on MSN
Trump’s Tariffs Will ‘Probably’ Cause Walmart Price Hikes, CFO Says
The Walmart executive’s comments hint at the trickle-down impact of tariffs, as companies pay the import tax upfront and ...
PrintWeek
3h
Xaar CFO steps down
Xaar is looking for a new CFO after incumbent Ian Tichias stepped down with immediate effect. This morning (20 November), ...
3h
TriHealth taps former Kettering Health executive to serve as CFO
The health system has appointed Todd Anderson as its next chief financial officer. He replaces Andrew DeVoe, who left ...
3h
Equinor CFO Sees Tight European Gas Market Going Into Winter
Equinor ASA sees a tight European natural gas market going into winter, said Chief Financial Officer Torgrim Reitan.
restaurantdive
17h
Wendy’s hires Ken Cook to succeed Gunther Plosch as CFO
Cook, a former UPS financial exec, joins the company as it closes some weak stores but sees overall sales strength relative ...
The Daily Journal
2h
Briefcase: Riverside's Vilt named CFO to know by Becker's Healthcare
For her excellence in financial operations and for executing key strategic responsibilities with Riverside Healthcare, Patt ...
22h
on MSN
Walmart will likely raise some prices if Trump tariffs take effect, CFO says
National Retail Federation CEO Matthew Shay described across-the-board tariffs as “a tax on American families.” ...
1d
How The CFO’s Role Has Evolved From Compliance To Strategy
For example, as CFO I led a strategic initiative focused on optimizing our company’s capital allocation toward sustainable, ...
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