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Walmart Shares Up Across The Board On Big Earnings Beats

PYMNTS

The planet’s largest retailer by sales crushed their way through Q2, with bigger than expected gains in revenue, earnings, same-store sales and eCommerce sales than analysts were predicting before the numbers hit the wires. percent to $128 billion, ahead of analyst forecasts of $125.9 All-in revenue jumped up 3.8

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Grocery, Online Drive Blockbuster Q2 For Walmart

PYMNTS

We’re pleased with how customers are responding to the way we’re leveraging stores and eCommerce to make shopping faster and more convenient. percent to $128 billion, well ahead of analyst forecasts of $125.9 That loss was largely from the sale of a majority stake in Walmart Brazil. By The Numbers. Q2 revenues jumped 3.8

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Amazon Surges On Wall Street Beat

PYMNTS

Eight straight quarters of profits seem to have finally shaken off its reputation for being the world’s most successful company that failed to post a profit after 18 years in business. Sales in the eCommerce core business were up 23 percent year-over-year and retail subscription services (mostly Amazon Prime) were up 49 percent at $1.94