Executives at Walmart on Tuesday provided their observations on food inflation the company has been seeing as they discussed the retail giant's fourth-quarter earnings.
called inflation in dry grocery and consumables "stubborn, mid-double digit," saying "those are going to just be with us for a while."
This June 24, 2021 photo shows a Walmart store in Oklahoma City. Walmart is raising its annual outlook for a key sales metric after reporting fiscal second-quarter results that beat analysts’ projections. The results, announced Tuesday, Aug. 17, unde Some factors that have been pointed to as having impacted high egg prices include production-related costs going up and the bird flu.
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