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0 0.00889690658248091 0.0126893667616491 0.0124843689141264 0.0180193107972367 0.0118693753715586 -0.00576043951538505 -0.0210327791558188
Stock impact report

How Walmart's CFO uses scenario planning to navigate tariff uncertainty [Fortune]

Vaxart, Inc. (VXRT) 
Last vaxart, inc. earnings: 3/19 04:01 pm Check Earnings Report
Company Research Source: Fortune
from President Trump's tariffs, despite ongoing efforts to keep prices as low as possible. In a social media post on Saturday, Trump said Walmart should not charge its customers more to cover the new tariff costs: “Between Walmart and China they should, as is said, ‘eat the tariffs,'” he posted. On Thursday, Walmart CFO John David Rainey told The Associated Press that the company is “wired to keep prices low, but there's a limit to what we can bear, or any retailer for that matter.” During Wallmart's Q1 earnings call, Rainey—a veteran CFO —gave a brief lesson on Walmart's method of accounting for inventory costs for the majority of its U.S. business. Known as the retail inventory method, or RIM, this practice makes swings in financial performance more difficult to forecast. “We've always used RIM in Walmart U.S.,” Rainey said on Thursday. “It's not new for us, and it's a common method of accounting in the retail industry.” RIM accounting applies a ratio of the actual cost of i Show less Read more
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