Lates News

On Thursday, Walmart reported that sales at its US stores open at least a year grew by 4.8% and market share growth was achieved across all income groups, with particularly strong growth among high-income households. The company also raised its full-year sales forecast. Walmart CEO Doug McMillon said that tariffs have put pressure on the company, and the company "feels the cost increasing every week". However, the company will "maintain low prices for as long as possible". He said that customers have not shown significant changes in buying behavior due to tariffs, but some middle and low-income families have stopped buying some non-essential items that have seen price increases.