Walmart sales surge amid affordability crisis

(CNN)– More and more Americans are turning to Walmart to ease the burden of the ongoing affordability crisis.

In its quarterly financial report Thursday, the company said its business in the U.S. is surging, and it is gaining market share from rivals.

Last quarter, Walmart’s domestic sales were up four-and-a-half percent.

The retail giant saw an increase in customer trips to stores, and shoppers spent more during those visits.

The company also raised its sales and profit guidance indicating it expects a strong holiday shopping season.