Hormel Foods trimmed its earnings outlook for the year, which factors in the impact of tariffs and ongoing momentum of brands such as Planters peanuts and its turkey product.

While some some retailers are still weighing their options, which includes hiking up their prices in store, other companies, like Amazon and Home Depot, have said that since their consumer spending hasn't declined, they may not need to pass on their costs to the consumer.

America’s highest-profile retail chains are walking a difficult tightrope — trying to blunt the financial hit from tariffs by raising prices for consumers without angering them or President Donald Trump.

While Walmart CFO John David Rainey lauded Trump's recent tariff cuts, he said rates remain too high, which could cause uncertain shopper behavior.

Retailers are trying to navigate their way through economic uncertainty in 2025. Tariffs, inflation and lingering fears of a recession have left many Americans uneasy and pulling back on spending. Because consumer spending accounts for about 70% of U.S. economic activity, a retreat would heighten the odds of contraction for the U.S. economy.

Retailers have been treading carefully around the question of price increases and import taxes since Trump slammed Walmart last weekend.

The question of tariffs has been a hot topic among retailers -- and Dallas-Fort Worth area companies are speaking up about what could be in their future.

Ross Stores faces challenges like tariff risks and consumer weakness. Click to read more on ROST's valuation concerns and potential before deciding to invest.

Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before, when Trump told the company on Truth Social that they should "' EAT THE TARIFFS ," and not charge valued customers "ANYTHING."

In its latest earnings report, Walmart said that it would begin to increase prices on products because of tariffs. WSJ’s Sarah Nassauer explains why Walmart’s retail strategy matters and how ...