Source: International Business Times
US retailer Walmart reported revenues in the second quarter that beat estimates AFP Big-box retailer Walmart hiked its outlook for sales and some earnings in results released Thursday, even as costs of goods imported to the United States rose after President Donald Trump's wide-ranging tariffs this year. Walmart is among major retailers reporting their financial results this week, with markets keeping close tabs on consumer patterns -- and signs of price increases -- as tariffs bite. The company topped analysts' quarterly sales estimates, with revenues for the three months ending July 31 at $177.
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