Walmart says tariffs are raising costs, but it’s trying to avoid price increases — for now

August 21, 2025

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Last Updated: Aug. 21, 2025 at 9:20 a.m. ET
First Published: Aug. 21, 2025 at 7:12 a.m. ET

Shares of Walmart Inc. dropped in early trading Thursday after the discount-retail behemoth missed fiscal second-quarter profit expectations but raised its full-year outlook and saw strength in sales at its retail as well as its Sam’s Club warehouse stores.

As anticipated, tariffs loomed large over Walmart’s

WMT second-quarter results. Last quarter, the company said that Americans should brace for higher prices as a result of tariffs, prompting an irate response from President Donald Trump. Treasury Secretary Scott Bessent subsequently said that he had spoken to Walmart Chief Executive Doug McMillon and that Walmart would absorb “some” of the tariff impact.

This post was originally published on Market Watch

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