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Walmart teams with Google on voice-activated shopping
BENTONVILLE, Ark. and MOUNTAIN VIEW, Calif. — Walmart is determined not to cede any ground to Amazon.More shoppers, digital growth give Walmart Q2 boost
BENTONVILLE, Ark. — Walmart reported better-than-expected results for its second quarter amid surging online sales and an increase in store traffic.
Walmart's total revenue for the period ended July 31 rose 2.3% to $123.36 billion for the quarter, better than analysts had expected. U.S. store visits increased 1.3% over the year-ago period.
Same-store sales for U.S. stores, excluding fuel, rose 1.7%. It was the discounter's 12th consecutive quarter of comparable sales gains. Sales rose 1.2% at Sam's Club, and 1.8% at Walmart.