Walmart, Lowe’s Raise Alarm on Trump Tariffs. What Their Warning Means for Markets and 5 Other Things to Know Today.
Retailers post earnings beats, Bitcoin price hits record, Microsoft conference shows AI progress has slowed, and other news to start your day.
Lowe's runs 'scenarios' around proposed Trump tariffs
It's still early, but this retailer is running scenarios of how President-elect Trump's potential tariffs could impact business.
'We're concerned': Walmart, Lowe's among latest companies to warn Trump tariffs could raise product costs
Major American retailers Walmart ( WMT) and Lowe’s ( LOW) raised concerns that President-elect Donald Trump’s proposed tariffs would make their products more expensive just as consumers are beginning to recover from the impacts of inflation.
Trump's tariffs could raise prices at Walmart, other US stores
Another one of Donald Trump's strategies is raising tariffs on imported goods. Now we are hearing that stores like Walmart might be forced to raise prices because of these tariffs.
Walmart, Other US Companies Raise Concerns Over Proposed Trump Tariffs
Numerous major U.S. corporations addressed tariffs at recent investor events and on conference calls, including some after the Nov. 5 election, when Trump edged out sitting Vice President Kamala Harris.
Walmart exec warns customers Trump’s tariffs could mean higher prices
Our model is everyday low prices,” CFO John David Rainey said. “But there probably will be cases where prices will go up for consumers.”
Walmart says prices will 'probably' go up if Trump tariffs take effect
Walmart is the latest company to signal price hikes may be on the way if Donald Trump makes good on his tariffs promise.
Walmart will likely raise some prices if Trump tariffs take effect, CFO says
National Retail Federation CEO Matthew Shay described across-the-board tariffs as “a tax on American families.”
Here's What's Driving Lowe's Stock Lower Today
The home improvement retailer is still facing a serious economic headwind.
Lowe’s Stock Falls After Earnings. It’s ‘Too Early to Call an Inflection Point.’
Lowe’s shares were falling Tuesday as the company’s quarterly earnings report failed to reassure investors that the ...
Lowe’s Surpasses Expectations with Strong Q3 Performance and Strategic Growth Initiatives
Analyst Robert Ohmes from Bank of America Securities reiterated a Buy rating on Lowe’s (LOW – Research Report) and keeping the price target at ...
Lowe's Beats on Q3 EPS, Raises Outlook
Lowe's reported mixed earnings for Q3, with revenue slightly surpassing expectations but noting challenges in DIY sales.
Lowe's Sales, Profit Top Estimates Despite Continued 'Big Ticket' Softness
Lowe's reported third-quarter results Tuesday morning above analysts' expectations despite "continued softness" in big-ticket ...
Lowe's raises annual same-store sales forecast on storm recovery spending boost
Home improvement retailer Lowe's Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday as a pickup ...
Lowe's beats its quarterly estimates, but negative sales outlook draws focus
Shares of Lowe's are up 20% year to date, compared to the S&P 500's 24% gain, according to Yahoo Finance Data. Rival Home ...
Lowe’s Announces Q3 2024 Earnings with Updated Outlook
Lowe’s Companies ( (LOW) ) has released its Q3 earnings. Here is a breakdown of the information Lowe’s Companies presented to its ...
Best Lowe’s Coupons Right Now: Save Up To 50%
These are the best Lowe's coupons you can use right now to help kick-start (or finish) your next home project.