Article

2019-08-15 Economy

Walmart raises earnings forecast for year after jump in quarterly sales

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Posted by Besoeker 2019-08-15 08:13|| || Front Page|| [8 views ] Top

#1 ....the company is managing that pressure (Pres. Trump Chinese Tariffs) by negotiating with suppliers and sourcing from alternate supply bases.

Complex polynomial algorithms/logic involved. I may never fully understand it.

Posted by Besoeker 2019-08-15 08:34|| 2019-08-15 08:34|| Front Page Top

#2 Still chinese crap bought from distributors at higher prices.

Posted by Skidmark 2019-08-15 10:33|| 2019-08-15 10:33|| Front Page Top

#3 So? If they are paying those higher prices, it means that the US government is getting a large percent of that money (10-25 percent, depending) and also means that if the trade war continues (it will) Walmart will grow used to lower profit margins, which is generally a good thing, since the retail industry has been selling cheap crap for dramatic markups for decades. It's also a sign of a generally strong economy that retail is doing well.

Posted by Vernal Hatrick 2019-08-15 10:47|| 2019-08-15 10:47|| Front Page Top

#4 It's also in no objective way bad for American consumers to become more value conscious. Purveyors of overpriced crap may choose to differ, as is their right. Here's hoping the entertainment industry is hardest hit.

Posted by M. Murcek 2019-08-15 10:57|| 2019-08-15 10:57|| Front Page Top

#5 Lower income taxes funded by higher tariffs is an excellent move and the obliviously economically superior choice.

Posted by Bright Pebbles 2019-08-15 15:35|| 2019-08-15 15:35|| Front Page Top

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