Originally posted by: Mark
This is what he said today:
"We will do our best to keep our prices as low as possible,” Walmart's CEO Doug McMillon told industry analysts Thursday. “But given the magnitude of the tariffs, even at the reduced levels announced this week, we aren’t able to absorb all the pressure given the reality of narrow retail margins.”
Note: he is being directly quoted.
He said many things, including the one you left out where he said they "may" increase prices, as I originally alluded to.
