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Walmart Receives Nearly $2.9B in Tariff Refunds and Plans Price Cuts

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Walmart has received about $2.9 billion in tariff refunds, according to CFO John David Rainey. The company plans to invest the funds into customer experience and price leadership, including lowering prices across grocery, general merchandise, consumables, and fashion. No direct customer payments were mentioned, and underlying profit growth remained within expectations.

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