Walmart lifts annual forecast, announces $20 bln share buyback
Source: Reuters
Nov 15 (Reuters) - Walmart Inc (WMT.N) on Tuesday forecast a smaller fall in annual profit as demand for groceries holds up despite higher prices, while discounts on clothing and electronics attract more inflation-hit shoppers to the top U.S. retailer's stores.The company also raised its full-year net sales expectations and announced a new $20 billion share buyback plan, pushing its shares up 7% in premarket…
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