Walmart sees the slowest pace in US comparable sales in 6 years and offers cautious guidance
NEW YORK (AP) — Walmart experienced the slowest growth in comparable sales at U. S. stores in six years in its most recent quarter and it offered a cautious outlook for the year, sending shares down 6% before the opening bell Thursday. Comparable sales in U. S. stores, which measure sales at stores open at least a year along with online sales tied to those locations, rose 2. 6% in the second quarter. They rose 4. 1% in the previous quarter. Excluding the wellness category that includes sales...
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