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Walmart's earnings beat allays worry over tariff impact for now

FILE PHOTO: Walmart signs are displayed inside a Walmart store in Mexico City.
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WASHINGTON (Reuters) - U.S. retailer Walmart Inc reported strong second-quarter results and raised its earnings expectations for the year, temporarily sidestepping concerns around consumer demand in the wake of tariffs on imports from China.Walmart's performance was helped by shoppers who spent more at its stores and websites, indicating the U.S. consumer economy has not lost steam, sending its..
Date Published: Aug 15, 2019
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