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Walmart Slumps on Rare Profit Miss, Citing Higher Claims | BoF
https://www.businessoffashion.com/news/retail/walmart-slumps-on-rare-profit-miss-citing-higher-claims/
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Despite the rare profit miss, the retail giant raised its full-year sales guidance, an optimistic signal that consumers’ purchasing power is holding up despite rising concerns over inflation and weakening economic data.
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