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For the nine months ending on Oct. 31, Walmart added close to $26 billion in sales compared to last year. It spent $3 billion on stock buybacks — more than three times that of a year ago.
Walmart US gaining market share across categories E-commerce is a booming business for the retail giant. In Q2, overall e-commerce net sales increased by 24%, led by pickup and delivery.
Walmart's stock is up 52% in 2024, compared to Target's 5% gain and the S&P 500's 23% gain. Walmart's edge in the food aisles continues to help counter soft sales in categories like toys, apparel ...
Walmart is winning over Wall Street, but the shopping giant will need results from its e-commerce business to maintain its position as a retail darling."E-commerce sales surpassed $100 billion ...
Walmart US same-store sales jumped 5.3%, driven by an increase in foot traffic, up 3.1%, and a higher average ticket, up 2.1%. That's compared to the 4.9% same-store sales increase it posted this ...
Walmart has been off to the races this year.The retail giant beat its fourth quarter earnings estimates, announced the acquisition of smart TV maker Vizio (), and conducted a 3-for-1 stock split ...
On Thursday, Walmart stock reached a record closing high of $162.61 per share. The stock started September near its all-time high but closed slightly off the record price at $161.56 on Friday.
Walmart wowed Wall Street yet again, causing the stock to jump as much as 7% in early trading Thursday.For its fiscal 2025 Q1, America's biggest retailer posted revenue of $161.51 billion, higher ...