Walmart Q4 Earnings Jump 93% to $10.5B Amid Accusations of Price Gouging on House Brands
- Walmart price increases on house brands led to 93% spike in net income to $10.5B in 2023
- Walmart rewarded shareholders with $5.9B in buybacks and dividends
- Robert Reich accused Walmart of "price gouging" driving inflation
- Video showed some Walmart Great Value items doubling in cost 2020-2023
- Biden and lawmakers pledged to crack down on corporations for price gouging
