Consumer Spending
Walmart Lifts Full-Year Sales, Profit Forecast As Q1 Results Exceed Expectations
![Walmart Lifts Full-Year Sales, Profit Forecast As Q1 Results Exceed Expectations](https://img.resized.co/esmmagazine/eyJkYXRhIjoie1widXJsXCI6XCJodHRwczpcXFwvXFxcL21lZGlhLm1hZGlzb25wdWJsaWNhdGlvbnMuZXVcXFwvZXNtbWFnYXppbmUtcHJvZFxcXC91cGxvYWRzXFxcLzIwMjJcXFwvMTFcXFwvMTUxMjIzNDhcXFwvV2FsbWFydC0uanBlZ1wiLFwid2lkdGhcIjo2MDAsXCJoZWlnaHRcIjo0MDAsXCJkZWZhdWx0XCI6XCJodHRwczpcXFwvXFxcL2ltZy5yZXNpemVkLmNvXFxcL25vLWltYWdlLnBuZ1wiLFwib3B0aW9uc1wiOntcIm91dHB1dFwiOlwianBlZ1wifX0iLCJoYXNoIjoiMTJiYmMzMWIwZDU3M2M3YzRhMzZmZTI1ZGFlZDc5NjJhNThiNTk1YiJ9/walmart-lifts-full-year-sales-profit-forecast-as-q1-results-exceed-expectations.jpeg)
US retail giant Walmart raised its full-year forecast and reported better-than-expected first-quarter results.
Alibaba Beats Quarterly Revenue Estimates, Profit Declines
China's Alibaba Group Holding beat analysts' estimates for fourth-quarter revenue as a focus on low-cost goods in response to cautious consumer spending he...
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