Walmart's Q1 sales surge due to affordable prices amid rising food costs.
Walmart's sales surge as customers seek affordable prices amidst rising food costs, benefiting the retail giant that attracts new shoppers with lower-priced meal options. Their Q1 earnings surpassed expectations, while fast-food chains face disappointing results. Walmart's strategy of offering affordable products continues to resonate with consumers, highlighting the impact of inflation on spending patterns.
May 16, 2024
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