
Surveillance: Kirby on Debt Ceiling
Bloomberg Surveillance
00:00
Walmart's Profit Margin Increases
In Walmart's earnings, it's kind of a microcosm of the broader story at a lot of fronts. You've got people who are downshifting perhaps to grocery and grocery certainly does account for a significant amount of volume. And you can see that the margin is expanding there, like it is at other companies as well. How long can this last that they actually just can increase their profit margins and just expect the consumer will eat the price increase?
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