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RSS FeedsWalmart delivers big in 2Q
(WorldNews Business)

 
 

15 august 2019 18:46:47

 
Walmart delivers big in 2Q
(WorldNews Business)
 


NEW YORK (AP) - Walmart offered a dose of optimism amid growing concerns over weakening economic growth by raising its annual outlook after a strong second quarter. Sales at stores opened at least a year rose 2.8%, its 20th consecutive quarter in the right direction as the world`s largest retailer continues to expand its grocery delivery services. U.S. online sales increased 37%. Walmart`s chief financial officer Brett Biggs told reporters on a call that the consumers` financial health remains `solid.` The encouraging news from Walmart, considered a barometer of consumer health, came on the same day the government released a report that showed Americans had spent more at retail stores and...


 
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