Walmart expects upper- and middle-income shoppers to keep spending this holiday season, CFO John David Rainey said.

Walmart reported stronger-than-expected results heading into the holidays, with U.S. comparable sales rising 4.5 percent and online sales jumping 28 percent for the August-to-October period. The performance was solid enough for the retailer to raise its full-year sales outlook to 4.8 to 5.1 percent growth and lift its profit forecast.

Walmart's dominance in the US retail sector is setting it up for strong holiday season sales, drawing in low and higher-income shoppers alike.

Walmart’s first wave of its Black Friday 2025 deals brings solid discounts to Blackstone griddles, making now a great time to pick up a high-quality outdoor cooking gift for Dad. These griddles are ideal for backyard breakfasts, tailgates, or weekend cookouts — and several models are marked down.

Walmart has a massive early Black Friday deal on this 50-inch 4K QLED TV that'll save you a whopping $1,742 off. For only $258, you'll have a big screen before Christmas — if you grab this markdown.

Walmart’s stock turned sharply higher, as earnings beat expectations and the full-year outlook was raised amid strength in spending across all income cohorts.

Walmart delivered another standout quarter, posting strong sales and profits that blew past Wall Street expectations as it wins over more cash-strapped Americans who have grown increasing anxious about the economy.

Walmart beats Wall Street expectations with strong food and health sales driving 6% revenue growth to $179.5 billion, raising outlook for fiscal 2026.