WalmartThe business is strong enough to resist winds against rates without increasing their prices, according to the former CEO of the United States of the Discount Retail.
Bill Simon, who directed Walmart US from 2010 to 2014, suggests that the company may be exaggerating challenges linked to tariffs.
“If you look deeply and deepen the details of its gains launch today, you know that this quarter grew its gross margin of profits in the business of the United States business 25 basic points. Therefore, they are expanding their margin. They also reported that their general categories of goods were overwhelming because they had the deflation of the prices of the average digits,” he told the “fast money” of CNB on Thursday. Walmart reported that the first prosecutors.
Simon is optimistic that consumers can largely handle price increases, citing a stable job market and cheaper fuel prices this year. But he points out that the worrying comment of corporate executives could be eliminating consumer confidence.
“All the fatality and sadness we hear about the price increases and tariffs as we hear today at Walmart in Walmart, I think it scares some,” said Simon, who is now at the Darden restaurant together and is the president of Hanesbrands.
Walmart The shares fell 0.5% on Thursday, but the shares closed above the session. The shares are off almost 9% from the maximum of $ 105.30 on February 14.
On February 20, Simon joined “Fast Money”, since Walmart’s shares were finishing their worst week since May 2022 in rates. He suggested that the action was a robbery for investors even though Walmart warned that the profits were slowing down.
As of Thursday, Walmart’s shares are positive for the year, more than 6% in 2025. The action has increased more than 7% since the announcement of fees from President Donald Trump on April 2.
Discharge of responsibility
