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Walmart profits rise on strong sales from wealthier shoppers

Walmart reported higher profits Thursday behind solid gains at US stores as the retail giant pointed to increased purchases by wealthier shoppers and improving e-commerce sales.The improved sales to wealthier shoppers reflect a focus on affordable pricing and convenience, as well as a greater attention to products such as fresh food, company executives said on a conference call.
John David Rainey Neil Saunders Doug Mcmillon Walmart Health Chief Executive Doug Chief Financial Officer John David
Source: yahoo.com

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