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Walmart Targets Lower Prices After Receiving Nearly $3 Billion in Tariff Refunds

Walmart Targets Lower Prices After Receiving Nearly $3 Billion in Tariff Refunds

By Bradford Betz | FOX Business Walmart plans part of nearly $3 billion in tariff refunds to support its pricing strategy as the retailer posted higher sales and raised its annual outlook. Walmart has received nearly $3 billion in tariff refunds and says it will use some of the benefit to help keep prices low for shoppers, while the windfall also gave quarterly profit growth a significant boost. The company said it "prioritized investment in price" after receivi...