Walmart shares rise on third quarter jump in sales and profits as low prices attract inflation-hit Americans
Briefly

Walmart's net income surged to $4.58 billion in Q3, reflecting a strong 5.5% increase in sales driven by consumer preferences for lower prices amidst economic concerns.
Despite inflation concerns affecting household budgets, Walmart's global e-commerce sales skyrocketed by 27%, showcasing robust demand across both physical stores and online platforms.
Read at Fortune
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