Walmart CFO: "we're raising the prices on everything, not just imports"

"Low prices is what we stand for, and we're going to keep prices as low as we can as long as we can," Walmart CFO John David Rainey said on Yahoo Finance's Catalysts. "But when you look at the magnitude of some of the cost increases on certain categories of items that are imported, it's more than what retailers can bear. It's more than what suppliers can bear."

"And so we'll work hard to try to keep prices low. But it's unavoidable that you're going to see some prices go up on certain items."

Rainey added, "Well, if you've got a 30% tariff on something, you're likely going to see double digits [in price increases]."

Speaker A:

And when you think about these price increases, do you think you might disperse them across the board to items that maybe aren't as negatively impacted by tariffs and import costs to lessen the impact of price increases that you may have to do because of tariffs on something like technology.

John David Rainey:

Practically speaking, that's what all retailers will have to do. If you go back to what was proposed in early April, that's more money than likely the entire retail industry made last year. It can't be fully absorbed by retailers. It also can't be absorbed by suppliers.

EAT THE TARIFFS!
Or I boycott and shop elsewhere.

bruh prices haven't even gone down to pre-COVID levels. a fucking 12-pack of soda is $9 now and it was $6 before. total bullshit either way

No one is obligated to shop at walmart
Kroger, Meijer, Aldi and Publix have better prices than walmart
If you need cheap non grocery goods, online is a better option than walmart, walmart is only gonna harm themselves.

Bring back mom and pop stores. Walmart can't compete based on prices anymore.

some of the cost increases on certain categories of items that are imported

we're experienced in raising prices

we're just raise prices on everything then

I don't go to Walmart anyway and I don't consume more than I need. Food prices and energy prices are lower. That's all that matters

That's a jew. I don't even need early life. I see the phenotype.

No you fucking moron.
You boycott by shoplifting or befriending and employee that can help do real sabotage

GOOD THING THE BIG ORANGE RETARD IS LOWERING THE NATIONAL DEBT AND REDUCING PRICES AND MAKING ALL THE ILLEGALS DISAPPEAR, RIGHT?

So

tariffs primarily increase price of goods from other countries

especially china

this would give competitive advantage to US companies

nah, the price increases will be flat across the board.

Yeah, at this point dragging Walmart executives in and shooting them for treason would be entirely justified.

you won't do shit

That's is constitutional, unlike Trump's communist demands.

As it has always been known, government meddling distorts price signals and capital flow. The more this happens, the less efficient the economy runs, and the deeper the drop in GDP.

It is also funny that the idea of tariffs was that they would generate price signals that would encourage moving production to the US, but the trumpanzees moved the goal posts immediately to eliminate price signals. So now tariffs are supposed to be just a monster import sales tax that will feed a parasitic military for Israel, impoverishing the citizenry.

Everyone is raising prices, why aren't you a millionaire ?
Everyone is raising prices, so no matter where you go it will be expensive

and this is the part where economically illiterate subhumans act outraged at corporate greed
at least in the past it was only the left-wing's illiteracy you had to deal with, but now thanks to trump stupidity is bipartisan

company produces good at $0.9 and sells it for $1 for around 10% profit

tariffs bring production cost to $1.15

company now sells it for $1.20, reducing its profit margin to around 5% in order to not upset customers/demand too much

"wtf what are these unpatriotic companies doing?!? prices increased by 20%? but they have record profits!"

This was always the end goal.
Walmart has been devastating local economies for decades because they rely on cheap imported garbage to undercut local businesses.
Soon this will no longer be a viable business model and walmarts long supply chains will become a liability instead of an asset.
Death to Walmart!

So instead of increasing the price of their cheap gook TV fom $400 to $500. They'll keep the tv's price low and increase the price on EVERYTHING else. kek, fuck these assholes.

Lmao, funnily enough no it isn’t. See Walmart receives significant grants/kickbacks/contracts from the government and every single one comes with a little form that says:

sign here for the money BUt you must follow all us laws and constitution

And they signed. This Walmart is bound by the constitution and the 14th amendment. Here we have Walmart pushing price increases from tariffed countries products onto non tariffed companies. This is a clear violation of the equal treatment clause.

Thus this is actually massively
Illegal by Walmart. But so too is hiring illegal spics, but no one is ever going to jail for that….

Get ready for pain goyim

the best part about migatards is i cannot even tell if this is satire anymore

I'd really wanted to ask one of those faggots:
You know, prices for a lot of shit have just about doubled since covid, right?
Where's that money going? Because you don't pay your employees twice as much money as they got 5 years ago.
The truckers transporting the goods don't make twice as much money as they did 5 years ago.
The small worker drones in the factory producing those goods don't make twice as much money as they got 5 years ago.
Non of the actually productive members of society that are actually responsible for creating the product, shipping the product, stacking the product here in the wallmart shelfes, etc make twice as much money as 5 years ago.
So don't come with

hurr, inflation, durr, our cost is rising, our suppliers have increased their prices too, so we have to demand more money to make a profit

Thats exactly the point, all the workers that actually build and maintain and transport and service basically everything modern society has to offer do NOT get pay raises equal to inflation/price increases.

And all that shit was equally true before Trump even got into office before any tarrif shit.
Why exactly do prices constantly go up and up and up, FASTER than the wages of anyone actually involved in the production or transportation or servicing of those products?
So where the fuck is all the money going?

Time to start stealing lol

Didn't Walmart get caught raising prices on goods "Made in America" like they had a tariff on them?

Also tariffs should be mostly on wholesale or manufacturing costs.
So a tee-shirt made in China for $3.00 with a 25% tariff should be a $0.75 tax.
The normal retail price for that shirt is $13.00.
It still should only be a 75 cent tax at $13.00 retail.

The shirt should stay $13.00 and they eat the tariff in profit margins because the shirt has to compete with other shirts for the same price that aren't from China(from Vietnam instead), or they raise it by the tariff price of $0.75. (raising prices drops sales and your competition sells out. You lose more profits raising prices and losing sales)

If they try to claim the shirt is now $16.25 they are scamming everyone.

Again. Tariffs are not a tax on the retail price of a good.
Its the manufacturing price or the wholesale price.

If a company buys a TV for $100 but sells it for $1000 in the US, the tariff shouldn't be $250. Its the price the company bought it from a Chinese manufacturer for.

It's crazy how the corporate media has mind controlled people. Remember how prices on everything went up from COVID, but never came back down after.

Should have been done 20-30 years ago. Fuck the waltons.

it's not. they're seriously that retarded.

This is what happens when you have corporate monopolies.

Duuuh wtf?? they;re fucking us over without consrquences??? ddiirrrrrr

It’s true. If your lazy Greek ass had ever felt with the US gov, they make you sign a BUNCH of forms and disclosures which legally bind you to following US law. Walmart is clearly violating the 14th amendment by taking action that harms a specific group (US companies) for the benefit of another group (Chinese companies). This is clearly illegal.

Now will it be enforced? LMAO no chance. But don’t let that fool you into thinking this action is legal, because if YOU tried it in the Us you would be arrested for privately this crime.

Walmart STOP

Oy vey we tariff’d China too much goy

it’s not our fault they refused to get on their knees and worship us filthy goys

Now pay the price goys

Americans are probably the biggest cucks to ever exist

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sounds like they need to invest in american production like they should jave been the previous 80 years

examine profit margin percentages to get a good picture, not just profits
sure prices doubled from your POV, but chances are that operating and production costs also doubled (or almost doubled)

So don't come with

hurr, inflation

unfortunately, the answer to all that is literally just inflation
inflationary policy doesn't guarantee an equal productivity increase nor an equal income growth, it just erodes your buying power to fund your government
wtfhappenedin1971.com/

Good
I hope Walmart goes out of business.

The goal is once these tariffs are gone you will accept this as the new normal

That's pretty much it. Walmart has the same prices on toiletries and toothpaste and shit as my fuckng grocery store now it's literally not worth driving there now to "save" a dollar on toilet paper or whatever

we live in a system where capital flows from poor to the rich, the inflation is literally just this. and it's being shoved up everyone's throat as if it is the single most important thing to have - a 2% yearly inflation
poor getting poorer every year, rich richer and the middle class dissapearing is a clear sign the system is at its end and something big is going to happen

So where the fuck is all the money going?

1%

I thought everyone was boycotting Walmart?

Today’s Psyop and Kosher Think Tank Talking Point: Trump Tariffs and Leftists Suddenly Love Walmart.

Looking at this psy-op and all the others which are the vast majority of this place now. You can just feel the hand rubbers, cat ladies and faggots in the think tanks behind these psy-ops. They don’t know or understand their propaganda target audience, there’s a sneering character behind all of it where the people creating it project that they’re above you and they project they think you’re stupid. While this propaganda is lazy and retarded created by system raised low functioning psychological robots in academia who can’t creatively think outside of the box and have no idea what’s outside their psychological and societal prisons.

you are a nigger

Companies constantly use anything in the news to raise prices

Trump gives them the perfect excuse with tariffs to raise prices

They raise prices

"What the fuck why are they raising prices????"

Regardless of what happens, every company will try to raise prices and not lower them. Even if the tariffs are lowered the prices aren't going to go back down. Why would they? People have already shown they're willing to keep paying them.

it's not sustainable. one of them will drop prices to get an edge and then they'll all do it.

Spreading out the costs is super clever. Otherwise imports would just rot on the shelves.

Short term pain

Lol, lmao

Buy local. Fuck corporations.

If they're raising the price of everything you know they're just being greedy. Really can't help themselves, you know they're thinking: "well if all the other stuff goes up they'll just deal with all of it going up."

Are you a child? Where do people get this idea of prices ever going down? In my 40 years I've only ever seen prices rise, never fall. Why do people keep thinking prices ever go backwards?

Deflation

lol fuck Waljew

Spreading out the costs is super clever.

Only if their prices are cheaper than their competitors. With Walmart that is no longer the case and people are sloooowly beginning to notice.

where are all of the "i cant afford groceries" shills now? lmao

I do not know anyone that has been or will be affected in the least by price increases. So our disposable income goes down from $3k a month to $2.7k. Big deal.

It's crazy seeing so many simp for corporations.

But they only have a 2% profit margin, they can't eat 30% price increases.

What will happened to the hundreds of thousands working at Walmart?!? Walmart already encourages to sign up for and be dependent on welfare?!?

The Waltons need to stand up against Trump!

Every fucking thing sold by Walmart is tariff-evaded. The actual tariff is the universal 10%, which is why it exists to begin with the other numbers were just horseshit. Shipping isn’t collapsing, the ports are still full, it was all BS from the start. Walmart will raise prices BUT NOT BECAUSE OF TARIFFS, but because they CAN. Because they have a pubically-accepted excuse to use just like how everyone used COVID as an excuse and still fucking trot it out.

It's funny how you blamed Biden for inflation but when trump makes a EO that directly causes prices to increase it's corporations fault

Short term pain for literally no gain, Trump cucked on the tariffs.

It’s not clever, it’s illegal.

put yourself in the shoes of an American manufacturer

tariffs hit

your prices are now super good

walmart breaks their contract with you and increases the price they sell your goods at

you have little recompense as Walmart has a team of lawyers ready to make you waste tens of million of dollars in court before paying you a dime.

It is clearly illegal and clearly breach of contract for every supplier whose prices would NOT rise by the percent Walmart is rising all prices.

But since the law doesn’t apply to international conglomerates, welp….

EAT THE TARIFFS!

cant
walmart's margin is 2.5% or so.
even if you eliminated all executive pay that number isnt going to change much. maybe 0.3%.
this is just fucking jews not understanding that walmart isnt the problem
and if the jewnited states had not exported all its manufacturing (and would be all automated and robotic by now if it had stayed) then this wouldnt be painful.
...
what was done in the united states before gold was abandoned, before the borders were thrown open and before jews came out of the shadows and china didnt make anything of value:
nukes
apollo/saturn
boostrapped computers, compilers, languages, etc
communication satellites
integrated circuit
television
nuclear power
wright brothers/flight/aviation
first nationwide telephone network
most extensive railroad network
won two world wars
transistor
arpanet/darpanet (leads to internet)
fortran (1957)
lisp (1959)
viable commercial jet aviation
sr-71
lasers
mainframe
pacemaker
open heart and bypass surgery
invented use of widespread air conditioning
large scale chemical production
large scale water purification
etc.

Tariffs are everything and nothing. They are the all thing. They are to bring manufacturing back by being high, while also exempting any industry that is deemed essential, while also being lowered, but at the same time, they are to replace the income tax by being high, except when they're lowered or exempted, but also to bring down the trade deficit, but not for exempted industries, while also being used as a negotiating tool for deals with other countries, which will lower or eliminate the tariffs that are used to replace income tax, it's a consistent long term policy, that's set in 90 day increments, except when Trump tweets a change without prior notice, except the notice he gives personally to favored insiders.

It's simple really.

I legit have not purchased something from a Wal-Mart since about 2016, when some friends and I stopped at one on the way to the beach to avoid beach town grocery prices.

Maybe stop importing trash from china.

American manufacturers an hardly make shit better than trash from china these days

Look at this faggot leftist literally arguing that Walmart is a poor little business with no money. But when someone suggests they should raise the minimum wage they pay their workers suddenly he'll claim they have unlimited money

Any company that uses the government to supplement their employees wages should have to pay a higher tax rate

Didn't Walmart get caught raising prices on goods "Made in America" like they had a tariff on them?

I have no idea but who the fuck anything American made in Walmart(my only exception is the occasional bag of charcoal)? It's always the cheapest shit in Walmart

walmart already pays lots
Assuming 1.4 million U.S. non-executive workers (a rough estimate accounting for executives and management), and using the $18 hourly wage for a 34-hour week over 52 weeks, the annual cost would be approximately:
1.4 million workers × $31,824/year = $44.55 billion
a 2017 source estimated Walmart’s labor hiring costs (a subset of total labor costs) at $35.53 billion, or 7.67% of its operating budget, though this includes recruitment and not just wages.
another doozy
if walmart replaced all workers with free to purchase, never breaking, no power required perfect robots that could do all the jobs perfectly without any issues its net profit margin would increase from 2.75% to approximately 10.8–12.3%
think about that shit.
even if every single employee became a robot that cost nothing and never breaks the margin barely moves.
walmart is just brutally efficient.
so when they raise prices, its probably because they have to.

prices never fall

Explain tvs then Mr economist

That's because they can't keep up with noting every bit of material cost that would drive up the cost of everything. Offsetting price increases in specific places by spreading it around also creates a safety against more sudden tariffs and escalation. It's profit seeking, but it's also to account for uncertainty.

No one is obligated to shop at walmart

/thread

mom and pop stores

Regulation and labor market makes it impossible

I haven't shopped at Walmart since before covid. I don't really get the appeal of going there

Lol, 10 years ago everyone wanted Walmart to die because it destroys local economies and replaces your goods with a sea of cheap disposable chinese crap, now those same voices are saying we need to revolt over Walmart's potential crumbling due to tariffs and defending the poor owners and their measly 2% profits. Absolutely jewed society

should

Hey, Chairman Mao, how about they do whatever they want and if you don't like, don't buy anything from them.

I remember when the claim was Walmart was the only store for miles and it could kill communities if they closed.
They should be more outraged about Dollar General. They're being built all over and are more expensive while keeping a skeleton crew.

reminder that walmart employees consume 6 billion in SNAP and medicaid at the taxpayer's expense and that the company has seminars for employees on how to get bennies. they are only profitable because we subsidize them.

I have no idea who keeps shilling for this hedgie kike, but getting skinned alive is too nice of a punishment.

shelfes

*shelves
Otherwise screenshidded

In a sentence: All of that money goes into the accounts of a few hundred people in every country.

Every country has an invisible, offline, unnamed cadre of "elites" who hoard up all this money and spend it however they want. I know "Squid Game" is fiction, but if this keeps up, all of planet earth might become the game, while elites cruise around in UFOs fucking little boys and sipping fine wine. Sucks to suck, but anyone born within the last 100 years wouldn't have had the power to steer us away from this, not even Hitler could have saved us, I think.

drink water?

remember how prices went up during the 2008 recession and never went down after?

I used to get walmart brand bread for $0.25 in 2007. Frozen kale was $0.55/lb. I stopped lifting weights and eating protein powder after 2008 and life has just been going downhill and getting skimpier since... I think I'm ready to start eating people to save money.

I remember when soda was $10 for four 12-packs. Now it's $6 if you buy four or more.
The cheapest I can find is 2L for $1.50.

If you give a moose a muffin.

Tariffs don't just increase the cost of imports dummies. With foreign competition now more expensive, domestic producers will also raise their prices.

foreign competition now more expensive,

domestic producers will also raise their prices.

You are literally just saying they're raising it because they're greedy.

That's because they can't keep up with noting every bit of material cost that would drive up the cost of everything. Offsetting price increases in specific places by spreading it around also creates a safety against more sudden tariffs and escalation. It's profit seeking, but it's also to account for uncertainty.

It was always greed, we always knew they were profit seeking for investors. Trump introduced a level of uncertainty and they responded to it. Trump was literally telling them to just "eat the cost" because they made so much profit last year. Telling investors "hey, listen, we're going to take a hit because it's our patriotic duty" can't happen and it will send them running. If you have a problem with this, you can start by opposing the tariffs or opposing the profit driven system.

What's the response to this? Is this okay because he isn't some dem or socialist?

Don’t forget immigration

...surely the real estate developer by inheritance will defend my low/middle-class rights! I mean... just because he criticises others Im sure hes better than them and theres no way he would lie.

Retards

The Walmart brand 2 Liter soda recently went up from $1.00 to $1.22

Divorceugal

opinion mattering

Walmart raised their prices more than inflation dictated during the last inflation crisis so they could have larger profit margins. They're doing the same with tariffs.

In the future it will be Amazon and boutique stores.

Why should I pay more for Hydrox made in America just because some fat shit wants to early Mexican Oreos?

Fuck Walmart, this is literally communism

The unsaid part of the conversation is that they would have to dip into executive and administrative competition, a 30% price increase on their end can be eaten

Drove the competition out of business

now it's time to gouge

Break them up and divide the assets among the businesses they forced out of the market.

I dont shop at wallmart, i go to the patrician target.

No goy that not how the economy works

big line always up not down

Finally a real fascist to tell the corpos that their existence is a legal fiction merely to serve the state

costco wins!
Get fucked price fixing supermarkets.

The only things I buy from Walmart is cat litter. The sell a huge box of clumping cat litter that works really well and it's cheap as dirt.

Get your priorities straight.

So... I will buy fewer things from them. Perhaps almost nothing at all.

Their shit is the same junk you can buy from China, the exact same. And I'd rather cut out the middleman completely and wait 2-3 days to buy the same Chinese garbage at a fraction of the price online.

I've already been buying things like deenz, olive oil, grains and beans and rice, etc. in large bulk online and it's always cheaper once you hit a certain size. I don't buy music or movies or clothing from Wal-Mart, or shoes or anything like that. Never did. Vitamins I will buy online now. Cold medicine I will buy from some other place. Etc. By taking a political stance and saying "we will collectively punish the shopper" they are blowing it and making a mistake. It's one thing to do it silently. It's another to make a cause out of it.

Who the fuck shops at Walmart lol. I stopped going to the one nearby like 5 years ago, after it got invaded by subsidized brown govt imports. It’s so disorganized and shitty now.

it's what you voted for tho
no?
like 20 years of pain and then maybe something happens?

They support gays more than Walmart.

pretty much. they just increased the prices, then never dropped them again to widen their profit margin, and are now deciding to be extra greedy on top of that

He's not saying that, he's leaving it to consumers since it's a tax on them. There's been a state of denial on the right about how tariffs are a tax on consumers, a tax on the people, which is weird because they used to tell you just that. They switched their beliefs and now they need to lobotimize themselves into thinking it's not a tax on imports, its a punishment for exporters that doesn't effect us.

Well stop using Walmart. We call Walmart ASDA and ASDA is only matched by Tesco for having low quality almost unconsumable food at the highest prices.
I would not eat ASDA food. And the one time i did buy 1 item from there a few weeks back i noticed a WEF style globalist catch phrase printed on the reverse of the receipt so they are in with Reuters and the globo cave-chink agency Amazon in sabotaging in the west for the sane twats who made up man made global warming.
Never shop at walmart go to somewhere that you get better stuff for better prices.
Pic: turd, for making turd sandwiches.

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in rural areas you tend to have two options, Dollar General or Walmart. Walmart being the higher quality option.

I wish I could go to a Shop that only sold domestic goods.

sane twats

*same twats, rather. Sanity is not their strong suit in the UN theosophist cults and WEF.

IMG_6491.jpg - 1179x666, 506.01K

Based and redpilledx22yv

Cool, when they start trying to hike prices across the board they'll lose out to specialized businesses whose margins aren't decided by slave labor and don't have to feather in price increases across the board to subsidize a bunch of unsellable, overpriced Chinese garbage