Walmart sales beat again and outlook raised, as retailer cites ‘resilient’ US customers
Shares of Walmart Inc. climbed into record territory in early Tuesday trading, after the retail giant extended its streak of earnings beats and raised its full-year outlook, citing strength in e-commerce and as in-store volumes grew.
Walmart raises guidance as it beats third-quarter revenue and profit forecasts
Walmart raised its guidance for the year and beat third-quarter revenue and profit forecasts as lingering inflation pushed wealthier consumers to its low-price products. The world’s biggest retailer on Tuesday reported revenue of $169.
Walmart raises annual forecasts, betting on strong holiday shopping
Walmart on Tuesday raised its annual sales and profit forecast for the third consecutive time, with people buying more groceries and merchandise online and at its stores, a sign that it may be gaining market share ahead of the holiday season.
Walmart’s stock approaches a record as sales beat again and outlook raised
Tuesday trading, after the retail giant extended its streak of earnings beats and raised its full-year outlook, citing strength in e-commerce and as in-store volumes grew. Walmart’s U.S. business saw general-merchandise sales turn positive — a sign that consumers are buying discretionary items again.
Walmart Raises Outlook on Strong Spending From Value-Seekers
Walmart Inc. boosted its outlook for the year on strong demand from US consumers searching for value, driving shares up 4% in premarket trading in New York.
Xiaomi's SU7, the EV that has US auto bosses talking, is smashing sales targets
The Tesla rival reported booming sales in its third-quarter results on Monday on the back of strong sales of its smartphones ...
October U.S. Retail Sales Beat Expectations; 3 New Bankruptcies
US consumers spent more at retailers in October than economists expected, signaling a positive start to the crucial ...
Lowe's raises annual same-store sales forecast on storm recovery spending boost
Home improvement retailer Lowe's Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday as a pickup ...
Walmart sees higher-income shoppers as a key to holiday sales growth
Households earning more than $100,000 made up 75 percent of its Walmart’s market share gains in the third quarter, chief ...
Lowe's Sales, Profit Top Estimates Despite Continued 'Big Ticket' Softness
Lowe's reported third-quarter results Tuesday morning above analysts' expectations despite "continued softness" in big-ticket ...
Proposal: Raise sales tax in Clark County to help address homeless crisis
Commission Chair Tick Segerblom began the discussion of raising sales tax in Clark County by one eighth of one percent.
Qualcomm 'positive' on Trump administration as it forecasts chip sales growth
Qualcomm said on Tuesday that it expects $22 billion in combined revenue over the next five years from laptops, cars and ...
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Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year
Lowe’s topped quarterly earnings and revenue estimates, but even its raised sales outlook would be a decline from last year.
XPeng Halves Loss on Strong EV Sales, Record Margin
Revenue rose 18% to 10.10 billion yuan, exceeding analysts’ expectations of 10.04 billion yuan, which it attributed to higher ...
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Pressured by lobbyists, Jeff Landry and senators consider sales tax hike to finance tax cuts
“Tomorrow should be interesting,” Foil said in an interview afterward. One idea under serious consideration would be to hike ...
Lowe's raises annual same-store sales forecast on storm recovery lift
Lowe's Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday, banking on a boost to its ...
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Small businesses suffering from dip in sales hope to bounce back on Black Friday
The national group Boutique Hub tells WCCO that some boutique business are down 30% in sales year to year. Others say ...