Retail Stocks Gained in Morning Trading, with Walmart Jumping 7%
Tiger Newspress2022-11-15
Retail stocks gained in morning trading, with Walmart jumping 7%.Walmart said Tuesday that sales rose by nearly 9% in the fiscal third quarter, as Americans across income levels bought the company’s low-priced groceries.
The discounter beat Wall Street’s expectations for the quarter and raised its outlook to reflect that beat.
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