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Four Things Walmart’s Strong Earnings Say About Retailing To A Pandemic World

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percent forecast and the 1.9 Even eCommerce giant Amazon had to switch its priority to shipping essential household and medical items amid delivery delays. The company’s online sales grew 74 percent, well above the 37 percent year-on-year growth logged in 2019’s first quarter. percent that Walmart reported for 2019’s fourth quarter.

Retail 88
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Walmart Shares Up Across The Board On Big Earnings Beats

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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