Walmart looks for strong holiday quarter
November 15, 2018
Walmart raised its full-year guidance despite mixed results during the third quarter as the retailer expects its investments in e-commerce and convenience to pay off with strong sales during the holiday selling season. “We have momentum in the business as we execute our plan and benefit from a favorable economic environment in the U.S.,” said Doug McMillon, CEO of Walmart, in a statement. “We’re accelerating innovation and utilizing technology to shape the future of retail.”
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