Walmart lifts annual sales, profit view on resilient consumer spending
/cloudfront-us-east-2.images.arcpublishing.com/reuters/IYLYKD6XM5LWNFD5DPMYXWNDTQ.jpg "Walmart lifts annual sales, profit view on resilient consumer spending")
May 18 (Reuters) – Walmart Inc (WMT.N) raised its annual sales and profit targets on Thursday as shoppers snapped up its low-priced groceries and other essentials. Shares of the top U.S. retailer by sales rose 1% after it also reported better-than-expected results for the first quarter. Its stock has risen 5.5% in the year to … [Read more…]