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Walmart Lifts Outlook Again as Sales, Earnings Top Estimates - Bloomberg

Walmart Inc. surpassed Wall Street’s expectations and lifted its outlook again, signaling that the retail giant is weathering global supply-chain snarls and rising inflation.

Comparable sales in Walmart’s U.S. stores will grow more than 6% this year after excluding fuel, the company said Tuesday in a statement as it reported third-quarter results. That was up from a prior forecast of as low as 5%. Walmart also raised its earnings guidance.

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