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.