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The Quotable Mr. Buffett

Motley Fool Money

Walmart's Inflation and Inventory Controls

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Walmart is benefiting from some consumers deciding to alter their behavior. Three quarters of the company's market share gains and food came from customers, as you mention, with an annual household income of a hundred thousand dollars or more. They need to kind of get through some of that apparel back log and sort of clean that inventory house up a little bit. But all things considered, it's just, it feels like a business that is handling a difficult situation very well.

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