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Walmart is offsetting tariff-related cost pressures with additional discounts. The retailer expanded grocery markdowns by 30 percent year-over-year, aiming to shield customers from price hikes while maintaining its value proposition amid trade policy uncertainty.
Key Takeaways
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Expanded discounts to counter tariffs: Walmart offered more than 7,400 discounts, with significantly deeper grocery markdowns compared to last year.
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Strong quarterly sales growth: U.S. revenue reached $120.9 billion in the second quarter, a 5 percent gain year over year.
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Focus on value despite pressures: CEO Doug McMillon emphasized keeping prices low while managing tariff-driven cost increases through supplier strategies.
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