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Walmart raises full-year forecast at earnings call


Walmart raises full-year forecast at earnings call

Rumors that consumers would hold back on spending were refuted, and Walmart proved Thursday that it remains a top-notch retailer. The nation’s largest retailer beat analysts’ expectations, reporting quarterly profit of $169.3 billion in its latest earnings call, up 4.8 percent year over year. Revenue rose 4.2 percent in the quarter. While retailers, restaurants and […]