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Walmart profits rise on strong sales from wealthier shoppers
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Walmart profits: Walmart profits rise on strong sales from wealthier shoppers
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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.
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