Walmart Will 'Eat' Some Trump Tariffs
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Because Walmart is such a better company today than in years past, it definitely deserves a higher-than-historical valuation. But Walmart's 10-year median P/E is 27.4. So investors aren't just paying a little more for the stock, they are paying a lot more. And that premium is hard to justify given the challenges Walmart is facing.
The People's Union USA has organized a second boycott of Walmart to start on May 20. Here's why people are boycotting and more actions planned.
Treasury Secretary Scott Bessent has acknowledged that Walmart, the largest U.S. retailer, may pass along some of the costs from President Donald Trump’s tariffs to its shoppers through higher prices.
The group behind the boycott accused Walmart of driving out small businesses, underpaying workers and using corporate subsidies.
R etail giant Walmart is known for low prices, but those prices are about to go up. On its latest earnings call, CEO Doug McMillon and CFO John David Rainey warned that the compan
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Walmart’s Onn 4K Plus is now available for order online. The Google TV streaming device has a price tag of $30. The device offers 16GB of storage and support for USB-C, Dolby Atmos and Vision, and Wi-Fi 6.
Google killed the Chromecast product line last year, but Walmart just quietly launched its own Onn 4K Plus streaming device to replace it.