Tag: Inflation and deflation

  • Walmart’s Cautious Outlook Overshadows Q3 Earnings Beat

    Walmart’s Cautious Outlook Overshadows Q3 Earnings Beat

    Walmart Inc. showcased resilience with higher-than-anticipated sales in its fiscal third quarter, but the retail giant’s cautious outlook sent its shares tumbling. Despite beating Wall Street’s earnings estimates and witnessing a rise in sales, Walmart’s careful stance reflects a broader concern over changing consumer spending patterns as the holiday season approaches. Walmart’s mixed financial report…