, the e-commerce company it bought for $3.3 billion in 2016, saying the acquisition fueled its e-commerce strategyEarnings per share: $1.18 adjustedWalmart reported net income rose to $3.99 billion, or $1.40 per share, from $3.84 billion, or $1.33 cents a share, a year earlier. Excluding items, Walmart earned $1.18 per share.
Same-store sales grew by 10% in the U.S., beating expectations for 7.2%, according to StreetAccount consensus estimates. The retailer's online sales growth was 74%, significantly above the 37% growth that the company had the same quarter a year ago.
Not worth the spit to call him out.
kozy_bbq Bargain stores tend to do well in downturns.
Becky got her 3 Ply Toilet Paper
Such a horrific shame Walmart chooses profits over the safety and well-being of their employees. CEO's have travel restrictions to avoid virus exposure, but still receive millions in bonuses. Employees are dying from exposure, only to once receive $400 if full time. Greed
No kidding! Also Target, Kroger, Publix, Stop & Shop
All small businesses were put out of business- elite win
Walmart is garbage for garbage people .
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Home Depot sales jump 7% but higher coronavirus-related costs drag down earningsHome Depot has had a few advantages going into the pandemic compared to other retailers. Please make news on Nepal and India border issue that India is encroaching Nepal's land Their sales jumped but higher coronavirus related costs drag down earnings.
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Used car e-commerce company Vroom files for IPOVroom Inc. has filed for its initial public offering Monday, seeking to list on the Nasdaq Global Market under the ticker symbol VRM, according to a Securities and Exchange Commission filing. The New York-based e-commerce company lets people buy and sell used vehicles. Vroom reported a first-quarter net loss of $27.1 million, narrowing from $41.1 million in the year-ago period. Vroom's revenue rose to $375.8 million from $235.1 million a year ago. Vroom's revenue is primarily from its retail vehicle sales, which accounted for $308.7 million in the first quarter. The SEC filing says the company plans to raise $100 million, but that number is often a placeholder that Vroom will update as it gets closer to listing its shares. The company said that the COVID-19 pandemic hurt sales in March and the company reduced its inventory, among other defense measures, as a result. Vroom said it had furloughed roughly a third of its staff and reduced salaries for the remaining workers, including executives. The company said it had $156.4 million in cash and equivalents at the end of April. 'now'!? timing
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