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Walmart's strong first quarter driven by consumers seeking bargains with inflation still an issue
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FILE - A worker carries bananas inside the Walmart Supercenter on Feb. 9, 2023, in North Bergen, New Jersey. Walmart reports earnings on Thursday, May 17, 2024. - photo by AP Photo/Eduardo Munoz Alvarez, File
NEW YORK (AP) — Walmart Inc. reported another quarter of strong quarterly results Thursday as its low prices pull in shoppers scouring for discounts with inflation stubbornly high. The nation's largest retailer, based in Bentonville, Arkansas, also offered an upbeat outlook. Share rose more than 5% in premarket trading.