US retail giant receives $1bn boost from tariff refunds

The US chain said it received a $994 million pre-tax reimbursement, which resulted in its second quarter operating income rising to $2.6bn.

US retail giant receives $1bn boost from tariff refunds

Major stock exchanges worldwide responded positively to trade agreement developments

The US chain said it received a $994 million pre-tax reimbursement, which resulted in its second quarter operating income rising to $2.6bn.

Stay Ahead of the Markets

Get breaking news, expert insights, and market analysis delivered directly to your inbox.