For the past five years, Walmart sacrificed margins to grow its e-commerce and new Amazon -like lines of business. The retail giant on Tuesday reported that Walmart’s U.S. comparable-store sales rose 8.3% in its quarter ended Jan. 27 compared with a year earlier—healthier than the 4.2% that analysts polled by Visible Alpha were expecting. Inflation is clearly working in Walmart’s favor. Read More...
For the past five years, Walmart sacrificed margins to grow its e-commerce and new Amazon -like lines of business. The retail giant on Tuesday reported that Walmart’s U.S. comparable-store sales rose 8.3% in its quarter ended Jan. 27 compared with a year earlier—healthier than the 4.2% that analysts polled by Visible Alpha were expecting. Inflation is clearly working in Walmart’s favor.
