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Smilo

(1,977 posts) Thu Aug 21, 2025, 10:06 PM Aug 21

Walmart says tariff costs are rising 'each week' and will continue

Don't worry Walmart will be a-okay.

Walmart has scooped up market share from rivals as wealthier consumers frequent the store more often, worried about the effects of tariffs on prices, the company’s results on Thursday showed.

https://www.npr.org/2025/08/21/nx-s1-5509592/walmart-tariff-costs-rising-earnings

https://www.marketwatch.com/story/walmarts-stock-falls-after-a-rare-profit-miss-even-as-sales-show-strength-and-margins-improve-4ad82b7b

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Walmart says tariff costs are rising 'each week' and will continue (Original Post) Smilo Aug 21 OP

The first place they will look to make it up is their employees. Maru Kitteh Aug 21 #1

They don't care about their workers - they need to reward their CEO for treating their employees like shit. Smilo Aug 21 #2

Maru Kitteh

(30,511 posts)

1. The first place they will look to make it up is their employees.

Reply to Smilo (Original post)

Thu Aug 21, 2025, 10:52 PM

Aug 21

They already have the largest workforce in history to qualify for public assistance due to poverty even though they work full time or nearly full time. They will slow-walk meager benefits, cut pitiful raises, increase automation eliminating workers altogether.

And then they’ll still raise prices.

Smilo

(1,977 posts)

2. They don't care about their workers - they need to reward their CEO for treating their employees like shit.

Reply to Maru Kitteh (Reply #1)

Thu Aug 21, 2025, 11:55 PM

Aug 21

President and CEO C Douglas McMillon sold 19,416 shares of company stock on July 24, 2025, according to a new SEC filing. The shares were sold at a weighted average price of $95.583, for a total transaction value of $1.85 million. The sales were executed in multiple trades ranging from $95.50 to $95.73. The transaction comes as Walmart, currently valued at $778.49B, trades near $97.61, having delivered a remarkable 41.32% return over the past year. InvestingPro analysis indicates the stock is trading above its Fair Value.

Following the transaction, McMillon directly owns 4,412,397.867 shares of Walmart common stock.

https://www.investing.com/news/insider-trading-news/walmart-ceo-mcmillon-sells-185-million-in-wmt-stock-93CH-4156270

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