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Walmart Q3 U.S. E-Commerce Sales Rise 79%

November 17, 2020

Walmart’s U.S. e-commerce sales rocketed up 79% in the third quarter with customers shopping online during the coronavirus pandemic.

The firm's earnings per share came in at $1.34, adjusted with only $1.18 expected. On the top line, revenue was reported at $134.7 billion with investors looking for $132.2 billion. Also, U.S. same-store sales rose 6.4% with again of 3.9% expected.

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