• Walmart Stock Jumps 9% on Best Sales Growth in a Decade

    3 monthes ago - By Fortune

    Who says traditional retailers can't compete with Amazon.com?
    Walmart Inc wmt reported on Thursdaythat its U.S. comparable sales rose 4.5% in the second quarter, their fastest clip in a decade, sending shares up 9% and showing that the mass merchant is holding its own against its primarily digital rival.
    The world's largest retailer clearly got a boost from the best consumer spending environment in memory. But it has done a lot to help itself in recent years. Walmart's efforts have included moves like giving workers raises and more training, remodeling its grocery areas, making grocery...
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  • Walmart shares surge 9 percent after strong earnings report

    3 monthes ago - By Washington Post

    Walmart said Thursday that U.S. sales grew at the fastest clip in more than 10 years.
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  • Walmart's second quarter sales rise most in decade, shares soar

    3 monthes ago - By Reuters

    Walmart Inc reported quarterly earnings and sales that topped estimates on Thursday, driven by strong grocery sales and a revamped website that boosted online purchases, and the company's shares soared over 10 percent in early trade.
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  • Walmart's U.S. comparable sales rise most in decade, shares soar

    3 monthes ago - By Reuters

    Walmart Inc on Thursday reported quarterly earnings and sales that topped estimates, as more shoppers visited its stores and a revamped website drove purchases online, sending its shares soaring more than 11 percent in premarket trade.
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  • Walmart is surging after earnings crush Wall Street expectations

    Walmart is surging after earnings crush Wall Street expectations

    3 monthes ago - By Business Insider

    Walmart beat Wall Street's earnings expectations on Thursday, nearly doubling the forecasted same-store sales growth rate.
    E-commerce grew 40% over the same period a year ago.
    Shares rose more than 10% in early trading Thursday following the release.
    Follow Walmart's stock price in real-time here.
    Shares of Walmart surged more than 10% in early trading Thursday after the US' largest grocer reported an uptick in same-store sales and digital orders that helped it top Wall Street's expectations.
    For the second quarter ended June 30, Walmart said it earned $1.29 per share where analysts had...
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  • Walmart's second-quarter comparable sales rise most in a decade, shares soar

    3 monthes ago - By Reuters

    Walmart Inc on Thursday said its U.S. comparable sales grew the most in a decade and its e-commerce sales grew 40 percent, higher than 33 percent growth in the previous quarter, sending its shares up nearly 11 percent in premarket trade.
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  • Walmart Earnings Beat Expectations as Grocery Push Pays Off

    3 monthes ago - By NY Times

    The company's aggressive push into groceries helped its same-store sales in the U.S. grow more in the last quarter than they had in a decade.
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  • Walmart's U.S. e-commerce, comparable sales growth strong, shares jump

    3 monthes ago - By Reuters

    Walmart Inc on Thursday posted a 40 percent rise in U.S. e-commerce sales, higher than the 33 percent growth witnessed in the previous quarter, and its comparable sales grew the most in a decade, sending its shares up 9 percent in premarket trade.
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  • Sales boom in Walmart stores and surge online

    3 monthes ago - By Chron

    BENTONVILLE, Ark. - Walmart is raising its outlook for the year after beating all expectations for the second quarter and registering the strongest same-store sales growth in a decade.
    Shares surged 7 percent before the opening bell Thursday.
    The Bentonville, Arkansas, retailer had a loss of $861 million, or 29 cents because of some sizeable investments. Adjusted for those one-time costs, however, per-share earnings were earnings were $1.29 per share, easily topping Wall Street projections of $1.21 per share, according to Zacks Investment Research.
    Walmart Inc. posted revenue of $128.03...
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  • Walmart e-commerce and comparable sales jump in second quarter

    3 monthes ago - By Reuters

    Walmart Inc on Thursday reported a 40 percent rise in U.S. e-commerce sales during the second quarter, faster than the previous quarter's 33 percent advance.
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