Trump tariffs causing price increases in Walmart departments, affecting categories like baby strollers and furniture

From Yahoo Finance: 2025-05-15 11:16:00

Shoppers beware: Walmart CFO John David Rainey warns of price increases due to tariffs. Categories like baby strollers, furniture, and toys will be affected. These price hikes will be noticeable later this month, with some items seeing double-digit increases. Walmart’s earnings day was mixed, with sales up but falling short of estimates. Adjusted earnings per share beat expectations, but transaction growth weakened. Despite beating earnings estimates, Walmart’s full-year outlook is mostly below analyst estimates. Shares fell 0.5% in afternoon trading.

Read more: Trump tariffs set to unleash double-digit price increases in some Walmart departments: CFO