Walmart raises full-year forecast following jump in quarterly profit #shorts #DMN
· 18.08.2023 · 02:32:48 ··· ··· Friday ·· 5 (5)
PYTCH Media Walmart raised its full-year forecast on Thursday following a jump in quarterly profit, pointing to solid increases at US stores and E-commerce. The big retailer, which has been seen as well positioned amid inflation because of its reputation for value, enjoyed another quarter of growing sales at its namesake US stores, with robust demand for groceries and pharmaceuticals offsetting weakness in discretionary consumption and the effects of wage increases.
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