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Walmart reports revenue growth of 5.9%, up 5.1% in constant currency (cc)
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Walmart Reports Second-Quarter Revenue Growth of 5.9%
Walmart Inc. reported second-quarter results Aug. 20, showing revenue growth of 5.9 percent, or 5.1 percent in constant currency, and highlighting global e-commerce sales growth of 23 percent, with strength across segments. Walmart U.S. comparable sales grew 2.6 percent, led by growth in transactions and including an 80 basis point headwind from health and wellness. The company issued guidance for the third quarter and raised its outlook for the…
The world's largest retail giant, Walmart, saw revenue growth slow much more sharply than expected over the past quarter. The company is focusing even more strongly on lower prices in the coming months to protect its market share.
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Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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