fiscal first quarter

Walmart first quarter results beat expectations

Walmart first quarter results beat expectations

BENTONVILLE, Ark. — Walmart on Tuesday reported first-quarter sales and earnings that handily beat expectations. Comp sales for the company’s Walmart U.S. division increased 6.0% with market share gains in grocery and operating income increased 26.8%. Walmart U.S. e-commerce sales grew 37% with strong results across all channels, contributing approximately 360 basis points to comp