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Walmart CEO talks inflation impact

Adobe Stock

February 24, 2023

Walmart is experiencing impacts from food inflation, calling it the "most stubborn of the categories," in relating to the company's Q4 earnings.

Walmart U.S. CEO John Furner said there is a "high level of disinflation at this point," during a call with investors, according to a Fox Business report.

While grocery prices have not eased much, some retail categories, including general merchandise, have seen less inflation impact.

Inflation in dry grocery and consumables are "stubborn, mid-double digit," Walmart Inc. CEO Doug McMillon said in the call.