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Walmart's CEO, Doug McMillon, has expressed concerns about deflation in the coming months, indicating a shift from previous optimism. This warning follows similar sentiments from Home Depot, suggesting a potential shift in the inflationary trend. The company's outlook on US consumers has become less optimistic, with the possibility of managing through a period of deflation. Walmart's groceries and general merchandise prices may be affected by this potential deflation.
Deflation could be coming this holiday season, Walmart CEO says https://t.co/MPhADSnqnQ
Deflation could be coming this holiday season, Walmart CEO says https://t.co/MPhADSnqnQ
Walmart $WMT, CEO says they forecasts possible deflation in coming months
Deflation could be coming this holiday season, Walmart CEO says https://t.co/htTfLht58D
WALMART CEO SAYS SHOPPERS COULD SEE FALLING PRICES IN COMING MONTHS “In the US, we may be managing through a period of deflation in the months to come,” Walmart $WMT CEO Doug McMillon told analysts on an earnings call Thursday Granted, prices of Walmart’s US groceries and… https://t.co/USu2HLps0E
Walmart warns of deflation risk as it grows less optimistic about US consumers https://t.co/VIyLwn1nXo
Walmart warns of deflation risk as it grows less optimistic about US consumers https://t.co/JYNezwlrTv
Walmart warns of deflation risk as it grows less optimistic about US consumers https://t.co/16pjhcCt4G
In consecutive days Walmart and Home Depot say the worst of the inflation is behind us. Walmart CEO is actually talking about deflation in the months ahead! Via @TheTranscript_ https://t.co/nPEkrHUHNZ
In consecutive days Walmart and Home Depot say the worst of the inflation is behind us. Walmart CEO is actually talking about deflation in the months ahead! https://t.co/SdLbINrXCh