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Walmart raises outlook as food, online sales boom

Por: Fox Business Business August 17, 2023

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ERShares CEO Joel Shulman looks ahead to the July retail sales report and remains bullish on tech stocks. Business is booming at Walmart and CEO Doug McMillon is crediting in-store and online shoppers for the gains. They’re shopping with us across channels – in stores, Sam’s Clubs, and they’re driving e-commerce, which was up 24% globally. Food is a strength, but we’re also encouraged by our results in general merchandise versus our... + full article



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