K-shaped economy hits Walmart as high-income shoppers are increasingly driving sales - NBC News
AI Summary1 min read
TL;DR
Walmart's sales are increasingly driven by high-income shoppers, reflecting a K-shaped economy. Despite strong holiday growth and beating earnings estimates, the company offers a cautious outlook due to economic instability.
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WalmartK-shaped economyhigh-income shoppersearningseconomic outlook
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