JD
John David Rainey
Executive
John David Rainey is the Chief Financial Officer of Walmart.
Notable Quotes
"Our hope and intention always is that rollbacks can become permanent ... wherever possible."View Story →
"I think higher tax returns muted some of the pressure related to higher fuel prices and as we're in a period of time right now where those tax refunds are largely not coming in, I think consumers are going to feel more of that pressure from higher fuel prices."View Story →
"if the “elevated cost environment persists, we’d expect somewhat higher retail price inflation in Q2 and the second half of the year"View Story →
"if 'elevated cost environment persists, we'd expect somewhat higher retail price inflation in Q2 and the second half of the year.'"View Story →
Related Stories
Walmart sales under strain as US shoppers pull back
High gas prices and weaker pharmacy sales pushed Walmart's growth to its slowest pace in six years
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May 21, 2026Walmart warns US shoppers are cutting spending as higher petrol prices bite
The retail giant said it expects customers to cut back in the coming months due to higher pump prices.
May 21, 2026