CNN The Lead With Jake Tapper July 7, 2024
customers have mostly shrugged off the higher menu prices and the revenue has gone up. what's going on there? >> both of those companies, walmart and mcdonald's are facing higher costs as is practically every company right now. the difference however is mcdonald's has been able to pass on some of the higher costs. walmart can't do that as much because their whole brand is centered around being a low-cost retailer. it's having to eat some of the costs and that's why it's warning about profit. but jake, one thing i should flag, we talked about this recently in terms of the retail sales...