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.
'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.
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.
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.”
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Analysis of Lowe's Stock Ahead of Earnings
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Lowe’s Gains Buy Rating for Strong Q3 Performance and Strategic Market Positioning
In a report released today, Zhihan Ma from Bernstein maintained a Buy rating on Lowe’s (LOW – Research Report), with a price target of ...
Lowe’s CEO confident in retailer’s ability to manage Trump tariffs after earnings beat
Lowe’s Cos.’ stock was unable to hold early gains Tuesday, after the home-improvement retailer beat third-quarter estimates ...
Here's What's Driving Lowe's Stock Lower Today
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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 Raises Annual Same-Store Sales Forecast on Storm Recovery Spending Boost
(Reuters) -Home improvement retailer Lowe's Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday as ...
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.
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.
Cautious Outlook on Lowe’s Amid Mixed Sales Performance and External Challenges
Steven Zaccone, an analyst from Citi, maintained the Hold rating on Lowe’s (LOW – Research Report). The associated price target remains the ...