STRONG SALES, PROFIT FOR WALMART ON CUSP OF HOLIDAY SEASON
Nov 19, 2021
2 minutes
Walmart raised its outlook for the year after another surprisingly strong quarter as the largest retailer in the world flexed its scale to deal with rising costs and a snarled global supply chain.
Walmart rerouted goods to less congested ports, even chartered its own vessels, and said that its inventory levels actually rose 11.5%
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