Walmart execs are 'optimistic' about holiday sales — but 'keeping an eye' on this group of customers' spending
Some retailers are warning about shoppers pulling back on spending heading into the holiday season. Not Walmart. Executives at the big-box chain said on an earnings call Thursday that smaller sales events so far in the second half of 2025, from back-to-school deals to Halloween, have pointed to strong holiday sales."Everything that we've seen so far makes us optimistic and encouraged about customers and members leaning into the seasonal events and holiday shopping period," CFO John David Rainey said. Walm ...