. The retailer saw weak demand for toys, apparel and video games during the holiday season. Walmart also issued a 2020 outlook that came up short of expectations as the world's largest retailer anticipates e-commerce growth will slow.
Initially, shares of Walmart were down 1% in extended trading but have since recovered. A bright spot for Walmart was its e-commerce sales during the quarter were up 35%, fueled by its best growth yet for Walmart.com and strength in grocery. —
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