Walmart’s Revenue Rises, Profit Growth Falls Short of Expectations

Walmart’s Revenue Rises, Profit Growth Falls Short of Expectations

Walmart, a bellwether of consumer confidence, saw its revenue increase as the United States began to roll out a new, wide-ranging tariff program. Nevertheless, profit growth was lower than expected. On Aug. 21, the retail giant based in Bentonville, Arkansas, released its second-quarter earnings report. It indicated that the company’s total revenues increased by about 4.8 percent, to $177.4 billion, in the three-month period that ended on July 3…