Retailers are in for a mixed holiday season this year ahead of Black Friday and Christmas, marked by watchful consumers keeping big spending on a tight leash and vigilantly comparing prices on their mobile phones to look for the best deals on apparel, electronics and toys.
Consumers in the United States have shown resilience while prioritizing speed and convenience, according to Walmart's third-quarter earnings call Tuesday (Nov. 19). The retail giant reported a 5.5% increase in consolidated revenue for the third quarter of fiscal year 2025, reaching $169.
Walmart hiked its yearly outlook again and reported earnings that beat expectation as inflation-battered customers continue to seek out discounts and deals.
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