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A major U.S. grocery chain hit a 17-month stock high on strong earnings, driven by higher sales, better margins, and increased customer traffic.
A major U.S. grocery chain reached a 17-month high in stock value after reporting strong financial results, citing increased sales and improved profit margins.
The company attributed its performance to higher customer traffic, successful private-label product growth, and effective cost management.
Analysts noted the results exceeded expectations, boosting investor confidence.
The stock surge reflects broader optimism about consumer resilience in the retail sector despite ongoing economic uncertainties.
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Una importante cadena de supermercados de Estados Unidos alcanzó un máximo de acciones de 17 meses con fuertes ganancias, impulsadas por mayores ventas, mejores márgenes y un mayor tráfico de clientes.