By bizn_fun 
Walmart is the biggest brick-and-mortar retailer in the US and is known for its low prices. It has benefited from a trend of higher earners trading down to lower-priced items, as the jobs market cools and inflation persists. Its speedy home delivery offering has also enticed shoppers from households across income brackets.
It reported strong sales across key sectors in its most recent earnings update in November, including grocery and clothing.
“Walmart is better insulated than just about anybody given the value proposition we have,” John David Rainey, Walmart’s chief financial officer, said at the time.
Walmart executives have said the effects of US President Donald Trump’s tariffs have been more muted than initially expected. While tariffs have raised prices for items like electronics and toys, the retailer’s scale has allowed it to weather the import taxes better than some rivals.
Walmart’s online business has helped it emerge as a competitor to Amazon. E-commerce sales in the US jumped 28% in the three months to 31 October, propelled by online orders and advertising.
Still, Amazon’s market value currently stands at $2.6tn – more than double Walmart’s.