Walmart can absorb tariffs, fmr. U.S. CEO Simon questions price hikes
Written by Black Hot Fire Network on May 16, 2025
Walmart's business is strong enough to withstand tariff headwinds without increasing its prices, according to the discount retailer's former U.S. CEO.
Bill Simon, who ran Walmart U.S. from 2010 to 2014, suggests the company may be overstating challenges tied to tariffs.
"If you look down deep and dig into the details of their earnings release today, you know this quarter they grew their gross profit margin in the U.S. business 25 basis points. So, they're expanding their margin. They also . . .
