From CNBC: 2025-05-15 19:53:00

Former Walmart U.S. CEO, Bill Simon, believes the retail giant can handle tariff challenges without raising prices. Walmart reported a growth in gross profit margin and stable merchandise categories, giving them flexibility to manage any tariff impacts. Simon remains optimistic about consumer spending despite worries from corporate executives.

Walmart shares dropped slightly on Thursday, but closed above session lows. The stock is down nearly 9% from its all-time high in February. Despite concerns about slowing profits, Simon sees the stock as a good investment opportunity. Walmart shares are up over 6% in 2025 and have climbed since President Trump’s tariff announcement.

Overall, Walmart’s business appears strong enough to withstand tariff pressures without increasing prices. Former CEO Bill Simon is confident in the company’s ability to manage any impacts, citing growth in profit margin and stable merchandise categories. Walmart shares have seen fluctuations but remain positive for the year, up over 6% in 2025.

Read more: Walmart can absorb tariffs, fmr. U.S. CEO Simon questions price hikes