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And right now those earnings are signaling an economic warning. For the three-month period ending Oct. 31 , Walmart reported on Thursday a strong quarte r with consolidated revenue of $160.8 ...
Walmart ended its fiscal year with strong sales numbers but joined a chorus of large direct-to-consumer businesses in warning that ... Walmart’s stock surged as much as 5% in early Tuesday ...
Walmart's CEO isn't too concerned about all the pressures on American shoppers. "We actually don't worry that much about whether the economy grows 3%, 2%, [or] shrinks 1%," Walmart CEO Doug ...
Here's my economic exchange with Doug: Sozzi: How challenged is the average Walmart shopper? McMillon: People at lower income levels are always more challenged. They have to make trade-off ...
Walmart, a bellwether for the retail sector that caters to cost-conscious shoppers, said its full-year profit would decline 11% to 13%, compared to the 1% fall it previously forecast.
Critics say that Walmart's lower prices draw customers away from smaller Main Street businesses, hurting local small town communities, and that the company hurts the United States economy by relying excessively on Chinese-produced products – Walmart is the largest importer in the United States in many categories, such as electronics and fast ...
Here's where Walmart stands compared to its guidance offered in mid-May: Second Quarter Net sales Growth: +7.5% (+5% previously) Second Quarter Operating Income: -13% to -14% (flat to up slightly)
Jefferies Retail Analyst Steph Wissink joins Yahoo Finance Live to discuss Yahoo Finance Live to discuss quarterly earnings for Walmart, inflation, excess inventory, consumer spending, and the ...