Walmart soars as e-commerce growth drives earnings beat and raises 2020 outlook

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Walmart reported second-quarter financial results that surpassed Wall Street estimates thanks to growth in same-store sales and e-commerce.

Shares of Walmart climbed 6.5% on Thursday after the retailer posted second-quarter revenue and earnings per share that beat Wall Street estimates. The company's investments in e-commerce, particularly grocery delivery, paid off during the quarter as the segment's sales grew 37%. Following the strong quarter, Walmart raised its 2020 outlook for US comp sales and earnings per share. Visit the Markets Insider homepage for more stories. Walmart's stock jumped 6.

Shares of Walmart climbed 6.5% on Thursday after the retailer posted second-quarter revenue and earnings per share that beat Wall Street estimates. The company's investments in e-commerce, particularly grocery delivery, paid off during the quarter as the segment's sales grew 37%. Following the strong quarter, Walmart raised its 2020 outlook for US comp sales and earnings per share. Visit the Markets Insider homepage for more stories. Walmart's stock jumped 6.

 

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Walmart is a fucking beast...ain't it? Amazon..the cheetah..came in the game all sleek and fast..slaying everything in sight! But they didn't see the Lion sitting over there...watching! Amazon came too close! So...now the Lion is at his ass! Amazon can't shake him! Walmart!

Amazon never could shake this lion off of it's ass!

and they can't pay a living wage because, reasons?

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