Walmart reports strong gains in quarter with record breaking $160.84 billion in sales, offers cautious outlook

Walmart Inc. (WMT) reported its third quarterly result and analysts began dissecting the data to gauge consumer trends in the approaching holiday season. The nation’s largest retailer reported results that were better than expected but offered a cautious outlook. A strong labor market as well as steady wages have helped shoppers continue with purchases but … Continue reading Walmart reports strong gains in quarter with record breaking $160.84 billion in sales, offers cautious outlook