Walmart's growth has reached its slowest pace in six years, attributed to high gas prices and a decline in pharmacy sales. The company has faced challenges as consumers adjust their spending habits amid rising fuel costs.
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Walmart reports slowest growth in six years due to high gas prices and pharmacy sales decline
Walmart has reported its slowest growth in six years, primarily due to high gas prices and reduced sales in its pharmacy segment. These factors have contributed to a shift in consumer spending behavior.
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Original Headline
Walmart sales under strain as US shoppers pull back
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Walmart reports slowest growth in six years due to high gas prices and pharmacy sales decline