Walmart results top estimates as inflation alters consumer behavior - Legit.ng


8/16/2022 12:00:00 AM2 years 8 months ago
by © AFP 2022

Walmart scored a big jump in revenues partly driven by inflation but the retail giant faces increasing evidence of shifting consumer behavior due to rising prices, according to quarterly results released Tuesday.

Walmart is seeing elevated demand for grocery items due to inflation, but less interest from consumers in apparel and electronics. Photo: Robyn Beck / AFP/FileSource: AFP PAY ATTENTION: You can sav… [+3820 chars]

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