Pull to refresh
Logo
Daily Brief
Following Why Ranks Sign Up
Doug McMillon

Doug McMillon

President and CEO, Walmart

Appears in 1 story

Notable Quotes

We will do our best to keep prices low, but given the magnitude of the tariffs, even at reduced levels announced this week, we aren't able to absorb all the pressure. (May 2025 earnings call)

Stories

Walmart trims profit outlook as tariff costs hit the retail bellwether

Money Moves

Defending margins while signaling selective price increases

Walmart sells roughly one in four grocery dollars in the United States. On Wednesday it told investors that profit this fiscal year will land below what Wall Street expected, citing tariffs on imported general merchandise.

Updated 3 days ago