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Walmart set to raise its full-year forecast as shoppers stick to essentials

Walmart is set to raise its full-year earnings forecast on Thursday when it reports quarterly results, as U.S. shoppers continue to buy essentials even as borrowing costs rise, lending standards tighten and the employment picture weakens. A monthly survey conducted by brokerage Stifel in August showed that more people intend to shop at Walmart compared to Costco and Target, even as they planned to spend 16% less on back-to-school purchases this year compared to a year ago. Walmart is in a sweet spot among retailers as broader economic stresses push more people to shop for essentials such as groceries, its core business. ....

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Walmart set to raise its full-year forecast as shoppers stick to essentials

Walmart is set to raise its
full-year earnings forecast on Thursday when it reports
quarterly results, as U.S. shoppers continue to buy essentials
even as borrowing costs rise, lending standards. ....

New York , United States , Vanessa Oconnell , Refinitiv Datastream , Deepa Babington , Michael Baker , Kevin Simpson , Siddharth Cavale , Credit Suisse , Telsey Advisory Group , Mark Astrachan , Neighborhood Markets , Gear Composition , Crayola Crayons , Wealth Planning , Vanessao Connell ,

Sluggish US earnings may need pick-me-up to support stock rally

Sluggish US earnings may need pick-me-up to support stock rally ....

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Sluggish Us Earnings May Need Pick-Me-Up To Support Stock Rally

Sluggish Us Earnings May Need Pick-Me-Up To Support Stock Rally
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John Lynch , Julian Emanuel , Anthony Saglimbene , Eric Freedman , Refinitiv Datastream , Us Bank Asset Management , Credit Suisse , Asset Management , Comerica Wealth ,

Wall St Week Ahead-Sluggish US earnings may need pick-me-up to support 2023 stock rally

Stock investors have been
satisfied by middling U.S. corporate results so far this year
but they might not be so easy to please for the rest of 2023.
As the second-quarter earnings.
-Today at 09:00 am- MarketScreener ....

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