Walmart’s Sales Growth Streak Hits Five Years
Posted on AllSides November 14th, 2019
From The Center
Walmart Inc. WMT -0.27% said sales rose in the most recent quarter, a sign that the retail behemoth continues to take market share from competitors and benefit from strong consumer spending ahead of the busy holiday shopping season.
U.S. comparable sales, those from stores and websites operating for at least 12 months, rose 3.2%, marking a five-year streak of quarterly sales gains. E-commerce sales rose 41% in the U.S. bolstered by online grocery orders.
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