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.
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.
Third Dewey Night
The final and third Dewey Bus Night, a mobile library, will be held tonight at PVE. It is a read-aloud to the younger group at 5 and grade students at 6 p.m.
Legion Auxiliary
The Ame.
What Is Actually Still Made in America? Part 2 lifestyle-a2z.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lifestyle-a2z.com Daily Mail and Mail on Sunday newspapers.