Walmart Sees 7% Revenue Gain But Cuts Growth Forecast on Macro Risks

Walmart's revenue rose 7% year-over-year in the past quarter, but the company projected a deceleration in full-year growth due to challenging macroeconomic conditions. Market research shows Walmart holds a 40% share of the U.S. supplements category, a $700 million segment growing at 20% annually through ingestibles, topicals and lifestyle products.