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Walmart's sales data for third quarter above forecasts

Walmart’s new data showed comparable sales for the U.S. were higher than predicted, with the firm lifting its profit projection for 2018 due to growth in shopper visits propped by a solid economy and to multiple offerings that brought up online purchases.


The outlets active for more than 12 months registered sales hike by 3.4% in the July-September period, fuel price changes excluded, overtaking expert forecasts for a 2.87% climb, says Refinitiv’s IBES data.

Sales via the internet leaped 43%, even higher than the second quarter reading of 40%.

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