Walmart CFO says tariff rates are still 'too high' and the retail giant can't predict how shoppers will respond
1. Walmart's CEO warns about high tariffs impacting prices on imported goods. 2. Rainey notes shoppers shifting to essentials due to financial pressures. 3. Increased import costs may lead to higher prices for consumers. 4. Walmart's sales depend on consumer response to potential price hikes. 5. Inventory valuation could impact financial results due to fluctuating shelf prices.