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Walmart Cuts Profit Outlook for Second Time This Year

Posted

July 25, 2022

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Walmart cut its annual profit outlook for the second time this year, citing the need to lower prices to clear out bloated inventories. Bloomberg Intelligence's Poonam Goyal has more on "Bloomberg Triple Take."

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Bloomberg Intelligence's Poonam GoyalBloomberg Triple Take

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Walmart Cuts Profit Outlook for Second Time This Year · Bloomberg Television · Sentinel