Walmart price hikes a 'warning sign,' says CIO

Published: 2025-05-15 19:20:10 ET WMT

Published on 05/15/2025 at 19:20

STORY: Shares of Walmart fell Thursday after executives said the retail giant will have to start raising prices later this month due to the high cost of tariffs.

"Today's announcement gives a lot of insight as far as uncertainty of how it's going to be affecting the pricing power that we see from Walmart," said Creekmur.

"A lot of the pricing power that they have actually comes from buying goods from countries that are directly impacted from the tariffs."