Walmart scoops customers from rivals but warns inventory cost is rising | Retail News

Walmart’s second-quarter results reveal strong consumer traffic amid economic challenges, but its shares fell 4% due to a profit miss and lower-than-expected gross margins. Despite this, the retailer raised its sales and profit forecasts, benefiting from price-sensitive shoppers and a 25% increase in global e-commerce sales, while navigating rising inventory costs linked to tariffs.

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