1. Trends & External Forces

Walmart tops quarterly estimates, backs long-term forecast as it focuses on value amid rising food prices

Written by Posted on Less than 0 min read

The retailer said it is focused on keeping prices low, as some shoppers get nervous about inflation.

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!
No Comments
Leave a comment Cancel
Comments to: Walmart tops quarterly estimates, backs long-term forecast as it focuses on value amid rising food prices

More from CNBC

  1. Associates & Employees

Peloton sweetens employee pay incentives as it fights to boost morale and stage a turnaround

Peloton is sweetening the pot for its workers with one-time cash bonuses and changes to its stock compensation plan, according to internal memos. View Original Article Associates CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Channel: Restaurants

McDonald’s tried to buy Panera Bread, and 5 other reveals from founder Ron Shaich’s book

​Panera Bread founder Ron Shaich’s new book reveals new details about his career, including that the chain almost merged with Starbucks.  View Original Article Dept. Bakery Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Department: Beverage

Jack-and-Coke in a can: Coca-Cola and Brown-Forman team up for new drink

It marks the fourth new alcoholic drink in Coke’s portfolio in less than two years. View Original Article CPG: Adult Beverage Dept. Beverage CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Department: Consumer Durables

Tiger Woods signs apparel and footwear deal with TaylorMade following his split with Nike

Woods’ relationship with TaylorMade dates back to a 2017 equipment deal that has him playing with the brand’s driver, fairway woods, irons and wedges. View Original Article Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Media & Marketing

Gen Z women spend more on TikTok as app ‘drives consumption,’ analyst says

​ ​  ​[[“value”:”Gen Z women are driving spending trends on TikTok with the most time viewing short-form videos on the app and exposure to influencer advertising.”]]  View Original Article Marketing: Social Media Consumers TikTok CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. ESG

Allbirds ‘dramatically’ slows pace of new hires as loss widens

Allbirds announced cost-cutting efforts as the sustainable shoe maker reported wider loss compared with a year earlier. View Original Article Sustainability CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million […]
< 1 min read
0
  1. Department & Category

Cheaper doughnuts, free gas cards and more: Retailers and restaurants woo consumers who are feeling pain at the pump

Gas prices have become one of the most visible signs of inflation, which is also making housing and food pricier. View Original Article Marketing: OOH Consumers Economy Restaurants Dept. Fuel Dept. Grocery CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Channel: Mass

Walmart seeks new trial in wrongful termination of longtime employee with Down syndrome

In a new court filing, Walmart said it did not know about the link between Spaeth’s disability and her struggles to adapt to a new work schedule View Original Article Walmart Inclusivity CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Channel: Drug

Walgreens beats sales expectations as retail growth helps offset steep drop in Covid vaccines

The drugstore reiterated its forecast for the year, after seeing online purchases jump and retail sales bounce back in the quarter. View Original Article COVID19 Predictions and Forecasts Walgreens CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Shopper & Customer

Meta’s first store aims to lure consumers to the metaverse

The store is designed to expose consumers to Meta’s products, which you really have to experience to understand, explains Martin Gilliard, Head of Meta Store. View Original Article Consumers Metaverse Meta (Facebook) Trends: Tech CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Technology & Innovation

Ripple buys crypto infrastructure startup in its second acquisition of 2023

​Cryptocurrency company Ripple on Friday it will acquire Fortress Trust, a startup specializing in crypto infrastructure.  View Original Article Crypto Acquisition CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million […]
< 1 min read
0
  1. CPG: HBC

Procter & Gamble’s earnings beat as higher pricing offsets drop in volume

Shares of Procter & Gamble have fallen 21% this year, dragging its market value down to $306.4 billion. View Original Article Results & Investment Procter & Gamble CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Trends & External Forces

Dollar General’s new Popshelf stores chase inflation-weary shoppers in the suburbs

Dollar General said it sees opportunity to grow to 3,000 Popshelf stores across the country. View Original Article Dollar General Brick and Mortar Economy Shoppers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by […]
< 1 min read
0
  1. Holiday & Events

Furniture mogul ‘Mattress Mack’ places record-setting $4.5 million bet on the Bengals to win Super Bowl

Texas furniture mogul “Mattress Mack” has made the biggest mobile sports bet in U.S. history, by wagering the Cincinnati Bengals will win Super Bowl LVI. View Original Article Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Corporate Finance

We’re pleased to see P&G shares pop on solid quarterly earnings. But don’t chase the rally

While sales missed the mark, profitability was solid. View Original Article Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com […]
< 1 min read
0
  1. Technology & Innovation

As mega cap tech stocks climb higher, we’re watching this ‘retail margin story’

​[[“value”:”The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.”]]  View Original Article Technology & Innovation CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per […]
< 1 min read
0
  1. Channel: Mass

What retail inventory misses and markdowns signal about the market’s fight against inflation

The Walmart, Target inventory misses and markdowns could just be a signal the consumer is shifting from goods to services, or a more ominous inflation warning. View Original Article Target Walmart Operations & Supply Chain Consumers Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Uncategorized

FanDuel says Iowa-LSU game was its biggest betting event of all time for women’s sports

Post Content View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com Do you like CNBC's articles? Follow on social!
< 1 min read
0
  1. Channel: Restaurants

Starbucks operating chief to depart as company eliminates role under ‘reinvention’

Starbucks Chief Operating Officer John Culver is departing the company after two decades with the coffee chain. View Original Article Dept. Beverage Executives Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Department: Consumer Durables

Nike, Foot Locker shares sink after athletic apparel maker cuts revenue outlook

​[[“value”:”Nike lowered its revenue outlook for the fiscal year and unveiled a plan to cut $2 billion in costs.”]]  View Original Article Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
Next