Walmart executives discussed the price increase of some items due to tariffs during the company's first quarter earnings call Thursday.
That was unwelcome news to customers News 12 spoke with at the Norwalk branch.
Many said they specifically shop at Walmart for its "everyday low prices."
"Given the magnitude of the tariffs, even at the reduced levels announced this week, we aren’t able to absorb all the pressure given the reality of narrow retail margins... The higher tariffs will result in higher prices," said Walmart CEO Doug McMillan on the call.
"Well it was coming, either way," said Norwalk resident John Yepes, after hearing the news.
Ridgefield's Carrie Warner, meanwhile, let out a large sigh before worrying "That's going to be everywhere."
Executives say the markups could be starting as soon as the end of the month.
"I am going to go in tomorrow and buy a whole bunch of cat food, so I'll be ready when the tariffs come," said Norwalk resident Allia Zobel Nolan.
Not everything will be going up. McMillan said it helps that two thirds of what Walmart sells is from the U.S.
Still, he said the company is feeling the tariffs on things like bananas, avocados, coffee and roses, along with back-to-school items, which it is just getting into stock and paying higher prices for now.
"We're paying too much already, and to add more on to that, I thought it was supposed to go down, the prices, not up," said Zobel Nolan.
Walmart says it will try to keep prices as low as possible by doing things like managing inventory differently, changing up where suppliers get things from, and even in some departments, just absorbing the costs.
Even with higher prices, Warner said "I will still be a Walmart shopper no matter what, I think they'll still be better than anywhere else."
Norwalk's Bob Miressi was a little more defiant, saying "Tariffs, shmariffs, I don't care about tariffs, I'm going to buy what I want to buy if I can afford to buy it, period."
Walmart executives said there could be even more markups in both and third and fourth quarters of the year, but right now, everything is just changing so much that it is tough for them to really predict anything.