Walmart financial manager says that high prices may come this month

You may want to prepare for things to pay more in Walmart. The company’s financial manager, John David Rene, CNBC said The Trump administration tariff “is still very high” and that consumers can see higher prices “that are likely to go to the end of the tail this month, then certainly much more in June.

Renai said: “We have taken low daily prices, but the size of these increases is more than any retail seller that can be absorbed.” The company will “absorb some price increases and suppliers will also”, but consumers may see an increase in prices, “which concerns us.”

Walmart imports “about a third of the goods and the total food” that it sells in the United States of “a number” of countries, according to Rainey. “China is the largest. It is China, Mexico, Canada, India and Vietnam.”

Walmart reported the profits of Q1 2026 on Thursday. “We will do our best to maintain our prices as low as possible, but given the size of the tariffs, even at the reduced levels announced this week, we were not able to absorb all pressure due to the reality of narrow retail margins,” said CEO Doug McMeelon in a call with analysts on Thursday. according to New York Times. McMillon also pointed out that “high definitions will lead to high prices.”