Why Walmart is emerging as a consumer favorite: Analyst

#walmart #consumer #costs #spending #yahoofinance
As consumers grapple with the reality of rising costs, finding ways to maximize their budgets has become essential. LSEG Director of Consumer Research Jharonne Martis joins Wealth! to discuss why she believes Walmart (WMT) is a frontrunner. According to Martis, Walmart's recent quarterly results provide "a clear indication" that the retail giant is a place where consumers can get the most value for their money. She notes that consumers shop at Walmart not only for their grocery needs but also for general merchandise, a trend that was evident in the company's robust results. While acknowledging that consumers are feeling the pinch of inflation, Martis highlights that they are gradually opening their wallets for general merchandise purchases, as demonstrated by the retail sales report and Walmart's strong sales numbers. "We are seeing that consumers are willing and able to extend themselves," she says. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
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[@jetscreamer1]

I am a Walmart employee for 11 year, keep shopping at Walmart cause I have share in their stocks and need them to contribute to my 401K too.

[@rickallen9099]

Are you serious? It's always been a consumer favourite. It's an incredibly successful company.... smh.....

[@WatfordLouis]

[@JessicaBenardo]

YES! that's exactly her name (CAROLINE ANTHONY) I watched her interview on CNN News and so many people recommended highly about her and her trading skills.❤....

[@JessicaBenardo]

YES! that's exactly her name (CAROLINE ANTHONY) I watched her interview on CNN News and so many people recommended highly about her and her trading skills.❤.....

[@angelachanellehuang5663]

Their meechandise is cheaper