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HALO News Business Walmart says it will use billions in tar...
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Walmart says it will use billions in tariff refunds to keep prices low

Walmart says it will use billions in tariff refunds to keep prices low

Walmart has received nearly $3 billion in tariff refunds and says it will use some of the benefit to help keep prices low for shoppers, while the windfall also gave quarterly profit growth a significant boost.The company said it "prioritized investment in price" after receiving refunds tied to tariffs imposed under the International Emergency Economic Powers Act, or IEEPA.The refunds came as Walmart continued leaning into its value proposition. The retailer pointed to more than 11,000 price rollbacks across its U.S. stores during the quarter."We’re investing in prices because customers are loo...

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