Walmart CFO on inflation: Consumers are still shopping

Walmart CFO on inflation: Consumers are still shopping

Walmart’s shoppers look to be handling high levels of inflation in food and general merchandise relatively well.

“We haven’t seen any meaningful difference yet in how they’re shopping. We know consumers are focused on inflation, but we’re not seeing major changes in shopping patterns,” Walmart CFO Brett Biggs tells Yahoo Finance. “Wages are up, unemployment, low. Consumer balance sheets are still in pretty good shape. So I think all of that helps customers.”

Walmart (WMT) saw sales strength…


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