Walmart Posts Strong Sales, Earnings as Shoppers Look for Discounts

cash-strapped shoppers

gravitated to the discount retailer for food and other essentials and continued to pay higher prices on many items compared with last year. U.S. comparable sales, those from stores and digital channels operating for at least 12 months, rose 8.3% in the quarter ended Jan. 27, compared with the same period last year. That beat analyst expectations of 4.9% growth, according to estimates from FactSet .

Huge price gouging going on right now at Walmart.

월스저 냄새가 나 아이러브유

I loved Walmart for decades. They truly were all about trying to keep prices low. No more. They started seriously gouging customers about a year ago and that's what explains their strong earnings. I have details.

Grocery experienced highest inflation, not just from Supplychain, which receded but by locking in profits. Industry consolidation underway.

Never been there never will

USA 🇺🇸 Canadian Tire 🇨🇦 Metro 🇨🇦⚜️ BMR 🇨🇦⚜️ Jean Coutu 🇨🇦⚜️ Brunet 🇨🇦⚜️ Adonis 🇨🇦⚜️

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Walmart will report holiday-quarter earnings before the bell — here's what to expectWalmart will likely share its outlook for the year ahead, too.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Home Depot and Walmart shares slip after earnings guidance; Meta's stock rises on trial of Facebook and Instagram subscription tiersHome Depot and Walmart slip after earnings guidance; Facebook parent Meta rises on trial of subscription tier
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

New online superstore surpasses Amazon and Walmart to become most downloaded app in US | CNN BusinessA new online shopping platform linked to one of China's top retailers has quickly become the most downloaded app in the United States, surpassing Amazon and Walmart. Now it's looking to capitalize from an appearance on America's biggest stage. Huh, new to me... Competition is good Temu, selling you the crap b4 the $1 stores do
Fuente: ALNewsNetwork - 🏆 583. / 51 Leer más »