CWEB Summarized Business Newsletter August 17th 2023

The largest retailer in the United States, Walmart, beat Wall Street’s profit and sales forecasts. Its forecast for the year as a whole is now higher. Online sales at Walmart’s US division increased dramatically, and the company noted growth in its luxury and discretionary product categories as well. Doug McMillon, CEO of Walmart, remarked on … Continue reading CWEB Summarized Business Newsletter August 17th 2023