Walmart raises full-year profit, revenue guidance amid retail earnings season
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Walmart topped fourth-quarter earnings and revenue estimates, but its current fiscal year earnings outlook fell short of Wall Street’s expectations. Chief Financial Officer John David Rainey told CNBC the company again had strong gains in e-commerce and online pickup and delivery orders, particularly among higher-income consumers. Read more: cnb.cx/4rZmTUG | CNBC
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