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Walmart posts strong first quarter | Canadian Grocer

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CPG Connect | Status: is encouraging members to get involved i... Read more
Posted in May
5/16/2024 Lynn Petrak for Progressive Grocer

The first quarter of the fiscal year is in the bag for Walmart, which filled the period with some solid accomplishments to beat analyst expectations. For the 13-week period ending April 26, consolidated revenue rose nearly 6% to top $161.5 billion and adjusted operating income climbed 13.7%, fueled by higher gross margins and growth in membership income.

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