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Walmart hikes its outlook again as shoppers spend more outside the grocery aisles

  • Walmart expects a strong holiday shopping season as it raised its financial outlook.
  • Households earning more than $100,000 accounted for 75% of Walmart's gains last quarter.
  • U.S. Sales at stores open for at least a year grew 5.3% year over year, with profit increasing by 8.2%.
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