Walmart sticks with second-half outlook after earnings beat expectations
https://www.cnbc.com/2022/08/16/walmart-wmt-earnings-q2-2023.html
Walmart topped analysts’ expectations for earnings and revenue in the fiscal second quarter, even as consumers pulled back in discretionary categories like apparel.
The retailer’s profits are under pressure, but it is wooing more middle- and higher-income customers who have turned to the discounter for low-priced food and essentials because of inflation.
The company reiterated its outlook for the back half of the year.
https://www.cnbc.com/2022/08/16/walmart-wmt-earnings-q2-2023.html
