By Nathaniel Meyersohn, CNN New York (CNN) — Americans are cutting back – from Disney parks to Big Macs to Starbucks coffee. But they keep shopping at Walmart. Walmart’s US sales at stores open for at least one year increased 4.2% last quarter and its operating income surged 8.5% during the quarter. Walmart’s US digital sales are booming: They grew 22%. The company raised its sales and profit guidance for the year, a sign it expects its strong growth to continue. Walmart is America’s largest retailer and a gauge of consumer sentiment. The company reaches a broad swath of consumers, and its business is steady in most economic conditions. But shoppers are looking for deals after ye
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