Walmart Beats Quarterly Expectations

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Walmart Beats Quarterly Expectations


It had increases in same-store sales and traffic, and expects same-store sales to continue to rise in the fourth quarter, although only by 1 percent. Walmart U.S. CEO Greg Foran said the food business had its best top-line performance of the year in the third quarter. He attributed this to reduced out-of-stocks and better customer service.

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