Episode Details

Walmart’s latest earnings beat expectations thanks to a jaw-dropping $2.9 billion tariff refund — the biggest yet — but store sales growth slowed to just 2.6% as high gas prices squeeze consumer spending. The refund, part of a broader government payout following a Supreme Court ruling that deemed some Trump-era tariffs illegal, is also hitting other giants like Target, Home Depot, Apple, and Amazon. Walmart plans to use the windfall to boost customer experience and cut prices — but with gas hovering near $4 a gallon, shoppers are still tightening their belts.

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