the day before. Walmart also topped analysts' expectations for sales and profits. Chief Financial Officer John David Rainey told CNBC's Melissa Repko that seasonal moments, such as the Fourth of July holiday and back-to-school, have helped drive sales. He also said Walmart is starting to see "modest improvement" with big-ticket purchases, which have seen weaker sales as consumers have focused on necessities such as food.
A view of a home that was destroyed by a wildfire on August 16, 2023 in Lahaina, Hawaii.have left the town of Lahaina devastated. More than 100 people are missing and thousands more are homeless after the deadliest wildfire in the U.S. in more than century. The town of Lahaina in Hawaii will have to be completely rebuilt, and residents are now worried that outside developers will swoop in to buy up valuable land on Maui once the reconstruction process starts. Hawaii Gov.