Walmart Results Good News for Economy, Cowen's Chen Says
November 15, 2022
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2:10Now PlayingWalmart Results Good News for Economy, Cowen's Chen Says
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as posted by the channel"A better Walmart is generally better for the outlook on the US consumer," Oliver Chen, Cowen senior equity research analyst for retail and luxury goods, says during an interview on "Bloomberg Markets." Walmart's third-quarter profit and sales came in above analysts' expectations and management raised its annual guidance, suggesting a healthy holiday season.
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