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Walmart Stock Rises. Earnings Stood Out in a Tough Spring for Retail.

May 18, 2023
in Market & News
Reading Time: 1 min read
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Walmart Stock Rises. Earnings Stood Out in a Tough Spring for Retail.
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posted first-quarter adjusted earnings and revenue that beat Wall Street expectations, raising its outlook for the fiscal year—a marked contrast with other retailers that have reported results this week, particularly those that don’t focus as heavily on essentials.

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