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Walmart sees higher-income shoppers
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 Sees ‘Momentum’ Ahead of Holiday Shopping Season
The bellwether retailer reported higher-than-expected sales in its latest quarter and upgraded its forecast for the rest of the year.
Walmart sees higher-income shoppers as a key to holiday sales growth
Households earning more than $100,000 made up 75 percent of its Walmart’s market share gains in the third quarter, chief executive Doug McMillon said.
20h
on MSN
Walmart raises annual forecasts, betting on strong holiday shopping
Walmart on Tuesday raised its annual sales and profit forecast for the third consecutive time, with people buying more groceries and merchandise online and at its stores, a sign that it may be gaining ...
Newsable Asianet News on MSN
1d
Walmart Stock In Focus Ahead of Q3 Earnings: Retail Sentiment Strong
Walmart stock ($WMT) was down slightly (-0.20%) in Monday trading ahead of the retail giant's third-quarter earnings, with ...
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