Consumer Spending Upbeat
Despite recession fears, Walmart reports strong spending in the first half of 2024.
Commerce Department Confirms
Commerce Department data shows nationwide retail sales also unexpectedly rose in July.
Uncertainty Leads to Caution
Walmart CFO remains cautious about the future due to potential factors like elections and global unrest.
Recession Not on the Horizon (for Walmart)
Despite uncertainties, Walmart doesn't see a recession looming based on current consumer behavior.
U.S. Economy: Boom or Bust?
Economists debate if the strong post-pandemic recovery can withstand inflation-fighting measures.
Consumers Remain Key
Consumer spending is crucial, and Walmart reports nearly 5% revenue growth.
Value Seekers on the Rise
Consumers focus on essentials and hunt for deals, with back-to-school shopping off to a good start.
Low Inflation: A Silver Lining
Walmart reports flat price growth year-over-year, defying inflation concerns.
More Rollbacks, More Savings
Walmart negotiates price reductions with vendors and offers more "rollbacks" on items, particularly food.
Learn more