Strong sales, profit from Walmart on cusp of holiday season

  • 📰 AP
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Walmart topped almost all expectations in the third quarter, an encouraging sign for the upcoming holiday shopping season already beset by snarled supply chains and rising costs. Walmart posted a profit of $3.1 billion and sales rose 4.1%.

A sign at a Walmart store is pictured Thursday, June 24, 2021, in Oklahoma City. Walmart Inc.on Tuesday, Nov. 16, reported fiscal third-quarter net income of $3.11 billion. On a per-share basis, the Bentonville, Arkansas-based company said it had profit of $1.11.

NEW YORK — Walmart topped almost all expectations in the third quarter, an encouraging sign for the upcoming holiday shopping season already beset by snarled supply chains and rising costs.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Still boycotting walmart. The company is horrible for workers. Can't provide a living wage but profits are up. Shame on WalmartInc !

Now do the small businesses

Walmart also helps employees qualify for SNAP so our tax dollars can supplement their profits. It's so weird how everyone who screams about socialism has no problem with business paying so little that our taxes are literally driving their profits.

ur welcome

Does Walmart not have their own PR department? Why are you doing their work for them? How much does it cost to buy an AP journalist

So, someone explain to me why the media is so negative about Joe Biden and his administration's plan for the economy. If Walmart is showing record earnings in the third quarter, they aren't suffering from a supply chain issue. Despite inflation Americans are buying goods now.

Not even keeping up with inflation

Friends don’t let friends shop at Walmart

I wonder how they are gonna do in January…

and yet, they still pay garbage wages. and refuse to make more people full time.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Camila Cabello’s Legs Are Long And Strong In Two New Instagram Posts'😂 Get it girl. You’ve been working hard to stay healthy and get fit. 👏👏👏.' 🤣🤣🤣🤣🤣 OK
Source: Women's Health - 🏆 475. / 51 Read more »

Walmart Raises Forecast and Says Shelves Are Stocked for Holiday ShoppersWalmart’s comparable sales jumped 9.2% in the latest quarter and the retailer says it has plenty of inventory despite global supply-chain problems.
Source: WSJ - 🏆 98. / 63 Read more »

Shoppers Likely Boosted Spending Last Month, Taking on Higher PricesAmerican consumers are expected to have spent more at the start of the holiday shopping season, brushing off concerns about higher prices at retailers and restaurants last month You’re a broken record on inflation For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him _Andrew_40 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success Did they buy more or did they simply pay Moreland bought less?
Source: WSJ - 🏆 98. / 63 Read more »

25 Best Gift Ideas From Black-Owned Beauty BrandsSupport your favorite Black-owned businesses this holiday season with an assortment of chic finds.
Source: Allure_magazine - 🏆 473. / 51 Read more »

Great Outfits in Fashion History: Carey Mulligan in a Froufrou Chanel Couture DressA look worth recreating this holiday season. What a beautiful Dress! I want it so badly.
Source: Fashionista_com - 🏆 474. / 51 Read more »

This Just In! You Can Win a Virtual Styling Session With a Vogue EditorChat with our team about what to shop for this fall and into the holiday season. You mean an office junior?! You can choose me
Source: VogueRunway - 🏆 705. / 51 Read more »