YahooAugust 28, 2026 at 11:41 AM NY2 Months Ago
Walmart (WMT) and Home Depot (HD) Results Show US Consumers Cut Back but Still Find Room for Splurges
Walmart Inc. (NASDAQ:WMT) disappointing sales and The Home Depot, Inc. (NYSE:HD) strength among budget-conscious do-it-yourselfers indicate middle-class consumers are growing more tight-fisted, Reuters reported, even as wealthier shoppers keep supporting luxury brands like Ralph Lauren. Walmart’s fiscal second-quarter comparable sales grew 3.4% excluding the impact of pharmacy-related items, while Walmart, TJ Maxx owner TJX, and […]
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