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May 16, 2019 02:32 pm GMT

Walmart beats on earnings in Q1, with US e-commerce up by 37%

Walmart’s investments in e-commerce are paying off. The retailer today announced its U.S. e-commerce sales grew by 37% in the first quarter, largely thanks to its booming online grocery business and growth in both the home and fashion categories on Walmart.com. The company also beat analyst estimates for the quarter, with earnings per share of […]

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