Walmart “everyday low prices” motto is paying off with a widening set of customers, though at a cost to its margins.
The retail giant said on Tuesday that its Walmart-branded U.S. chain’s same-store sales grew 6.5% from a year earlier in the quarter ended July 29, better than the 6% growth it forecast in last month’s update. Both its operating income and adjusted earnings exceeded analyst expectations, which were subdued after Walmart downgraded its profit forecast last month.
Dow Jones futures dropped 300 points Wednesday morning after a stronger-than-expected ADP employment report. ADP's payrolls report previews Friday's jobs...
© Reuters. A man wearing a mask walks in front of a shuttered Starbucks as the spread of the coronavirus...
U.S. stock futures fell after major indexes posted their biggest two-day gains in more than two years.Futures for the S&P...
To find some reliable dividends that should have the wherewithal to keep paying in these volatile times, Barron’s started with...
© Reuters. FILE PHOTO: Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas...
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