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Walmart sales under strain as US shoppers pull back

By GhanaSummary Newsroom1 min read
Walmart sales under strain as US shoppers pull back

Price moves in June made the impact obvious, he added, with lower-income customers pulling back and focusing spending on essentials.

Chief financial officer John David Rainey said those lower prices were already lifting transactions and unit sales, especially in food and other staples like toys.

On the earnings call, analysts pressed management on whether lower prices were already driving a lift in sales and whether some rollbacks could be locked in for 2027.

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