00:00It's Benzinga bringing Wall Street to Main Street.
00:02Walmart shoppers filled their tanks with an average of less than 10 gallons per trip at
00:07its gas stations for the first time since 2022, a sign of consumer stress, according to the Wall
00:13Street Journal. CFO John David Rainey said that while the overall consumer appears healthy,
00:20financial pressure is unevenly distributed beneath the surface. Higher fuel prices could draw more
00:26cash-strapped low-income shoppers to Walmart while also raising the value of its inventory and pushing
00:31up transportation costs. The national average for regular gasoline hit $4.56, up from $3.18 a year
00:40ago. Walmart plans to keep prices low to gain market share, but could raise them if fuel costs
00:46remain elevated. For all things money, visit Benzinga.com.
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