Trump promised voters tariffs are a panacea for the economy, but Walmart finance chief John David Rainey warned they will be inflationary for customers.
“Walmart recorded $169.6 billion in total revenue during the third quarter of 2024, up 5.5% from the previous quarter. It recorded a 7.8% return on assets and had an operating income of $6.7 billion.”
This sounds like a statement to pretend the increase of prices is Trump fault instead of an attempt to maintain their growth.
Ah, nice to see Lemmy wholeheartedly embracing our friend and source of truth, Walmart.
Tomorrow’s headline: “Amazon says worker conditions will be bad because of Trump”
I honestly don’t understand what this comment is trying to say. Lemmy is embracing something? Walmart is lying? Compared to Trump?
“Walmart recorded $169.6 billion in total revenue during the third quarter of 2024, up 5.5% from the previous quarter. It recorded a 7.8% return on assets and had an operating income of $6.7 billion.”
This sounds like a statement to pretend the increase of prices is Trump fault instead of an attempt to maintain their growth.
In another news: Watch out for rain. From now on, it will be wet. ¯\_(ツ)_/¯