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Walmart Sees Spending Slump, Raises Profit Outlook Modestly

9/24/2025

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Summary

Story summary

Walmart reports third-quarter spending weakness due to higher rates and depleted savings, and modestly raises its profit outlook.
Analysts, including Fitch Ratings, forecast slower spending: Q4 at 1.2% growth, down from 4.3% in Q3.
In the Netherlands, online spending fell 1% in the first half of 2025, with services down and cross-border spending down 1% as Chinese online-store purchases rose.

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Story summary

Walmart reports third-quarter spending weakness due to higher rates and depleted savings, and modestly raises its profit outlook.
Analysts, including Fitch Ratings, forecast slower spending: Q4 at 1.2% growth, down from 4.3% in Q3.
In the Netherlands, online spending fell 1% in the first half of 2025, with services down and cross-border spending down 1% as Chinese online-store purchases rose.