Walmart's low-price policy powerful draw in 3rd quarter: report

NAMPA / Xinhua

2024-11-19

NEW YORK, Nov. 19 (Xinhua) -- Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could, reported The Associated Press on Tuesday. "The nation's largest retailer raised its outlook for the year as well, underscoring its confidence in a strong holiday shopping season," said the report. "The company's shares rose nearly 4 perce......

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