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Holiday Shopping Is Off to a Strong Start
Walmart Earnings: Holiday Shopping Is Off to a Strong Start
Walmart said U.S. sales rose during the most recent quarter, propelled by shoppers buying groceries, home goods and toys—a sign that spending is off to a steady start this holiday season. The retail giant raised its sales and profit estimates for the year.
Walmart is seeing growth in higher income shoppers, retailer says
The retailer saw share gains in new shoppers across income levels mainly led by upper-income households, which make more than $100,000 in annual income, Walmart officials said during an earnings call on Tuesday. Walmart in a previous earnings call had also highlighted the rise in its higher income shoppers.
Walmart raises guidance after another strong earnings report ahead of the holiday season
Walmart signaled it sees the momentum continuing for the holiday shopping season, raising its guidance for fiscal year 2025 for the third time. Net sales are now expected to grow between 4.8% and 5.1%. Previously, Walmart guided to 3.75% to 4.75% sales growth. Coming into the year, Walmart had expected 3% to 4% sales growth.
NBC News
7h
Walmart hikes its outlook again as shoppers spend more outside the grocery aisles
Comparable sales, an industry metric also known as same-
store
sales, jumped 5.3% for
Walmart
and 7% at Sam’s Club ...
4h
on MSN
Walmart Raises Annual Forecasts Again, Signals Holiday Shopping Surge Beyond Essentials
Though inflation has not made much headway in recent months, it is on a downward trend, raising purchasing power. Walmart ...
13h
I took the same Thanksgiving grocery list to Aldi and Walmart. The cheaper chain wasn't necessarily better.
I took the same grocery list to Walmart and Aldi to see which chain had the better value, prices, and shopping experience ...
Associated Press on MSN
1d
Grocery chains vie for a place on Thanksgiving tables with turkey dinner deals and store brands
With Thanksgiving less than two weeks away
grocery
stores are locked in heated price wars for the Turkey feast to woo still ...
2d
‘What do you mean?’ Woman puts in grocery order at Walmart. Then she claims they ‘took’ her money
When she asked for clarification, Hartness said a worker told her to cancel her order because Walmart’s “system was down” ...
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