Walmart profit margins are razor thin(4%?). Yes, they made billions but only because they had insanely high revenue. If you have a 30% extra cost, even if Walmart absorbed as much as possible (4%), the price would still go up 26%(actually more).
People who think companies can absord such a sudden and drastic increase in cost are clueless.
This video explored the tariff cost on computer hardware, with some companies giving actual numbers. It shows how even small increases in tariffs(or any cost) can completely destroy the bottom line
Walmart profit margins are razor thin(4%?). Yes, they made billions but only because they had insanely high revenue. If you have a 30% extra cost, even if Walmart absorbed as much as possible (4%), the price would still go up 26%(actually more).
People who think companies can absord such a sudden and drastic increase in cost are clueless.
This video explored the tariff cost on computer hardware, with some companies giving actual numbers. It shows how even small increases in tariffs(or any cost) can completely destroy the bottom line
https://youtu.be/1W_mSOS1Qts
How thin would their profits be if their c level employees were making even only twice as much as their managers?