ARKANSAS, USA — Walmart Inc. of Bentonville extended its streak of strong quarterly gains heading into the holiday season as its low prices attract shoppers looking for deals in a tough economic environment.
The company reported better-than-expected financial results for the period. But it offered a cautious outlook and said that shoppers pulled back their spending in late October.
Shares (NYSE: WMT) fell more than 6%, or $10.74, to $159.91 in early trading Thursday.
To read more about Walmart, our content partner Arkansas Business has the full story here.
Watch 5NEWS on YouTube.
Download the 5NEWS app on your smartphone:
Stream 5NEWS 24/7 on the 5+ app: How to watch the 5+ app on your streaming device
To report a typo or grammatical error, please email KFSMDigitalTeam@tegna.com and detail which story you're referring to.