Walmart US CEO Counters Cautious Bank Outlook With Optimism (1)

Walmart Inc.’s US CEO said shoppers are spending at a healthy rate and remain resilient, despite warning signs from banks about the economy.

“We see [a] resilient customer that makes really smart choices for what’s right for them and their families at the time they’re shopping,” John Furner, Chief Executive Officer of Walmart US, said during a panel Wednesday at CNBC’s “Invest in America” forum.

Shoppers are being selective, but consistent, in their spending patterns, Furner said.

President and CEO of Walmart US John Furner

Photographer: Charlie Riedel/AP Photo

So far, tariffs have led to spotty price increases across retailers. At Walmart, the cost of some goods has remained ...