US 'annual shopping orgy' sees record sales as retailers heavily discount
Once again, US consumers have shrugged off fatigue and kept the retail sector humming, with ...
ID 258530417 © BiancoBlue | Dreamstime.com
Talking points from retail behemoth Walmart (WMT) this week are plentiful in the wake of interim results that greatly surprised on the upside yesterday.
If you recall management’s previous remarks during the second-quarter fiscal 2023* conference call with analysts (’Some of the best days are in front of us’), they ought to feel vindicated.
(*Its fiscal year ends on January 31.)
One of the largest shippers worldwide, fiercely competing with Amazon (which hasn’t had the best of times lately), it’s a pivotal name to ...
Comment on this article