Walmart's worst week since 2022: Retailer's former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong

Published On Feb 22, 2025, 9:00 AM

Walmart's stock has recently experienced a significant drop, prompting former CEO Bill Simon to express that the sell-off is irrational. He believes the company's latest earnings report was strong, and the market's reaction to concerns around tariffs is overblown. Simon asserts that Walmart has the capability to mitigate tariff impacts through strategic sourcing. He argues that the economic climate may actually lead to sustained higher spending at Walmart, making the current share price an attractive investment opportunity.