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The Independent UK
The Independent UK
National
Anne d'Innocenzio

Walmart's promise of low prices proves to be a powerful draw in the third quarter

Walmart - (Copyright 2024 The Associated Press. All rights reserved.)

Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could.

The nation’s largest retailer raised its outlook for the year as well and shares rose nearly 4% in premarket trading Tuesday.

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