• AmidFuror@fedia.io
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    1 day ago

    The headline seems to be interpreted by others here that the two parts are linked, but they don’t directly relate. Sales being solid doesn’t say anything about costs. Revenue was up but EPS was down quarter over quarter.

    We’ll see if the China tariff pause will help.

      • AmidFuror@fedia.io
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        18 hours ago

        I guess I was very unclear in my argument.

        ITT Walmart is raising prices despite making more money than ever. In reality, Walmart is earning less than last year and trying to recoup tariff costs through price increases. The difference is in if you understand that sales being up doesn’t mean profits are up.

        Tariffs still being in effect means Walmart is justified in its actions.