Quotes
All the doom and gloom we hear about price increases and tariffs like we heard from my friends at Walmart today, I think it scares them some,
said Simon, who's now on the Darden Restaurants board and is the chairman at Hanesbrands
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 reported their general merchandise categories were flattish because they had mid-single digit price deflation,
he told CNBC's "Fast Money" on Thursday, the day Walmart reported fiscal first-quarter resultsAlthough the waves caused by tariffs now seem to be calmer, it would be incorrect to assume that the waters are completely safe. There will be a lot of further disruption ahead,
Saunders said
We'll do our best to control what we can control in order to keep food prices as low as possible,
McMillon saidUncertainty grew when Walmart chose not to provide second-quarter profit guidance,
Sundaram saidWe could see higher prices on some non-tariffed items and stable or even lower prices on some tariffed products,
said CFRA Research senior equity analyst Arun SundaramIf you've got a 30 percent tariff on certain items, you'll likely see a double digit
price increase ... Rainey said in an interview with Yahoo Finance
Walmart will lower prices in the long run. Prices will come down lower in the long run because we're gonna get better deals,
Barr said while stumbling through his response
The bottom line is this president has given himself leverage to create better or reciprocal trade deals, ... What about Walmart?"
Barr began before Berman cut him off to askWe've not seen a period where you've had prices go up this high, this quickly,
Rainey stated
Nothing is decided until everything is,
Jaishankar said, ... according to the BBC
There are going to be [price] hikes. The question is who can eat them, who can afford it — and then most importantly, who has the scale to say to the suppliers, 'We're not paying that price,
Jim Cramer said during Thursday's Morning Meeting for Investing Club membersIt's a big mistake to be afraid because you have to put this all relative versus the competition,
Jim said on "Squawk on the Street" on Thursday, while Walmart was near its worst levels of the dayThere are certain items, certain categories of merchandise that we’re dependent upon to import from other countries and the prices of those things are likely going to go up, and that’s not good for consumers,
he added
There will likely be some demand destruction from tariffs; a complete wreck is unlikely,
said Brian Jacobsen, chief economist at Annex Wealth ManagementWe’re very pleased and appreciative of the progress that has been made by the administration to bring tariffs down … but let me emphasise we still think that’s too high,
Rainey said on the call, referring to the tariff cuts negotiated over the weekendWe're trying to navigate this the best that we can,
he said in a CNBC interviewThere might be some areas where we want to play offense, where we want to be more aggressive,
Rainey saidThere is little evidence, so far, that tariffs are inflationary and instead profit margins are being squeezed. But as Walmart suggested Thursday morning, that is a situation that may not last long,
The bottom ... ING chief international economist James Knightley wrote in a note
We’re wired to keep prices low, but there’s a limit to what we can bear, or any retailer for that matter,
Rainey told The Associated Press