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In-store, online investments driving 4Q comp growth at Walmart
BENTONVILLE, Ark.— Walmart stock was trading higher 3.1% by more than $2 per share to $71.50 in early afternoon trading following the greatest quarterly increase in same-store sales since July 2012. According to the company, Walmart U.S. comp sales increased 1.8%, driven by a traffic increase of 1.4%. Neighborhood Market comps increased approximately 5.3%.