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Walmart cuts prices to reduce inventory

Philadelphia (Business) - Walmart is cutting prices on clothing, electronics, jewelry, and other products due to what CNN has reported as a "sign of inflation slowing down." 


Walmart announced Monday that it would cut its profit outlook for the rest of the year to reduce excess inventory.


In a press release, The company predicted that its earnings per share would fall between 8% and 9% in its fiscal 2023 second quarter. It also foresees an earnings per share decline of 11% and 12% for the fiscal year.


Now that Walmart has slashed its costs on some goods, shoppers can purchase at discounted prices. 


 


Paws & Pals Dog Car Seat Cover for Rear Bench Seat


A newly quilted hammock-designed seat cover for all pets is suitable for most vehicles with headrest posts. Durable, washable, and water-resistant material makes cleaning up easy. In addition, the hammock will protect your backseat and floor from stains, spills, scratches, rips, tears, dander, shedding, hair, odors, and any other pet-caused incidents.


Originally priced at $40.99, It is now listed at $30.99.





Qaba Kids Metal Plush Ride-On Rocking Horse Chair Toy With Nursery Rhyme Music


 A traditional plush rocking horse will turn your home into the rootin' tootin' Wild West! Squeeze the ears to hear realistic neighing and galloping sounds. The soft, huggable plush body with comfortable saddle and stirrups are perfect for long rides into the sunset.


Originally priced at $134, It is now listed at $74.99.


 


Samsung Galaxy Heavy Duty Capsule Case 


The shock absorption slim girly cute design black case phone cover supports Qi wireless, magnetic charging, and PowerShare Compatible. Its unique look fits your lifestyle and showcases breast cancer awareness. 


Originally priced at $49.99, now listed at $9.99.





Scoop Women's One Shoulder Color Block Maxi Dress with Tie Front


The one-shoulder maxi dress from Scoop is stunning from head to toe. Designed with a trendy one-shoulder neckline and multiple tiers in lively hues. It has a voluminous finish with an elastic back waist and tie front for the perfect fit.


Originally priced at $34.00, It is now listed at $24.00.





Microsoft Surface Go 2, 10.5" Touch-Screen Tablet


Your perfect everyday tablet, the New 10.5" Surface Go 2 is ideal for keeping up and winding down — delivering tablet portability with laptop versatility, long battery life, a stunning touchscreen, and Windows security for the whole family. Browse, shop, and manage email easily, relax with your favorite TV shows, and much more.


Originally priced at $399.99, It is now listed at $289.00.








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