Salem Radio Network News Sunday, December 3, 2023


Walmart attracts more shoppers seeking to cut spending in Q3


( ) -q-26- UNDATED (Correspondent Jeremy House) “the holiday approaches.”

Walmart extended its streak of strong quarterly gains heading into the holiday season as its low-prices continue to attract shoppers looking for deals in a tough economic environment.

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TAG: Correspondent Jeremy House reporting.

VERBATIM: Walmart reported that it swung to a profit of $453 million in the three-month period ending October 31. Revenue rose 5.2% to $160.84 billion. Walmart, the nation’s largest retailer, is among the first batch of major U.S. retailers to report quarterly results. Industry analysts are seeking to shed more light on how consumers are feeling as the holiday approaches.

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