https://www.cnbc.com/2019/05/16/walmart-reports-first-quarter-earnings-for-fiscal-2020.html
* Earnings per share: $1.13, adjusted, vs. $1.02 expected
* Revenue: $123.93 billion vs. $125.03 billion expected
* U.S. same-store sales: growth of 3.4% vs. increase of 3.3% expected
“We’re continuing our transformation to become more of a digital enterprise,” CEO Doug McMillon said in prepared remarks.
E-commerce sales grew 37%, boosted by its home and fashion businesses, Walmart said. That was better than online sales growth of 33% a year ago, but moderated from a 43% increase during the holiday quarter.
Submitted May 16, 2019 at 08:02AM by sirloinfurr http://bit.ly/2Hkqs4e
