Money And Markets

Walmart Bests Wall Street Prediction

Walmart is also the largest US-based employer at 2.3M globally. So good news on Wall Street will hopefully be good non-layoff news in 2.3M households.
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Walmart Bests Wall Street Prediction

Following warnings about possible lowered earnings for the year, Walmart bested Wall Street predictions amid concerns about a looming recession. The company cut prices on non-essential goods such as clothing, electronics, and home goods. The resulting boost in consumer spending more than covered the predicted impact of inflation.

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