Walmart Q3 Sales Rise
  • last year
Walmart ($WMT@US) sales rose nearly 9 percent in their fiscal third quarter, beating Wall Street’s expectations for the quarter. Revenue was $152.81 billion versus the $147.75 billion expected. Chief Financial Officer John David Rainey said that shoppers are purchasing less-expensive proteins such as hot dogs, beans, and peanut butter instead of costlier meats. They are waiting for sales events to buy items like TVs and air fryers and are spending less in the apparel and home categories.
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