Walmart Warns of Slower Sales Gains After a Bumper Year
Eggs. Coffee. Gas. The prices Americans pay for many everyday items have been stubbornly high. That has been surprisingly good for Walmart.
The discount retailer and country's biggest grocer -- best known for its "everyday low prices" slogan -- has been drawing in shoppers of all stripes amid high inflation. They have come to Walmart searching for its store brand food, holiday toys and even to pick up weight-loss medicines at the pharmacy counter.
The dynamic boosted U.S. profit and sales at Walmart during the holiday quarter...
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