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Apparel Did Well in Walmart’s Rosy Q3

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Walmart Inc.’s strong third-quarter results bested Wall Street estimates, and strong October sales position the mass merchant for a solid fourth quarter and holiday season. In a Nutshell: President and CEO Doug McMillon noted consumers’ accelerating shift to e-commerce during Tuesday’s quarterly conference call. “Our e-commerce and omni-penetration continues to rise,” he said, adding that…

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