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Belle of the Ranch

Let's talk about Walmart, tariffs, and the unsaid part that matters to you....

Belle of the Ranch

Belle of the Ranch

Society & Culture

4.91K Ratings

🗓️ 23 August 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

Let's talk about Walmart, tariffs, and the unsaid part that matters to you....

Transcript

Click on a timestamp to play from that location

0:00.0

Well, howdy there, Internet people, it's Bell again.

0:05.0

So today, we're going to talk about Walmart, tariffs, and the unsaid part that matters to you.

0:13.0

So, Walmart raised its earnings and sales outlook for the whole year.

0:18.0

Honestly, that's the best economic news we've had to report in a while.

0:23.3

It signals that Walmart doesn't see the bottom dropping out of consumer spending over the next

0:28.7

few months. But there's more to it overall when it comes to what matters to normal people.

0:36.2

Remember, most economic news is written for the investor

0:40.1

class. What's good for them and what's good for you isn't necessarily the same thing. The company's

0:47.7

chief financial officer, John David Rainey, said something that is incredibly important for people to pair with the good news.

0:56.4

Quote, tariff impacted costs are continuing to drift upwards. Tariff costs are going upward.

1:05.6

Okay. He also said that consumers are being very resilient. Now, sadly, you need to learn a financial vocabulary term that most people don't really know.

1:16.6

Earnings.

1:17.6

When you see that in financial headlines, what they normally mean is earnings per share.

1:24.6

That's a financial metric that determines how much profit a company makes for each

1:29.3

share. Walmart raised its earnings per share outlook just a little bit. Two cents. It literally

1:37.4

raised it two cents. Now keep in mind that's profit, after expenses. Is two cents a lot? When you do the math, there's about

1:48.0

7.98 billion chairs. So that means we're talking about an extra 160 million or so dollars

1:55.5

profit off of that updated outlook. Adds up quick, right?

2:01.2

Yeah, that's how Walmart makes money.

2:03.8

A billion pennies here, a billion pennies there.

2:06.6

Pretty soon, you're talking about real money.

2:10.1

Okay, so what does it mean that Walmart is expecting

...

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