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Walmart Beats Earnings, Hikes Guidance As Consumer Trade-Down Accelerates

Walmart Beats Earnings, Hikes Guidance As Consumer Trade-Down Accelerates Walmart shares are moving lower in premarket trading despite solid third-quarter results, suggesting that price-sensitive consumers are flocking to its stores nationwide. The shift toward value mirrors what off-brand retailer......

Source: Zero Hedge

Original URL: https://www.zerohedge.com/markets/walmart-beats-earnings-hikes-guidance-consumer-trade-down-accelerates