Walmart surges as earnings report shows its ecommerce business nearly doubled amid coronavirus
The company's earnings report gave a glimpse into how the retailer has fared amid the coronavirus lockdowns that spurred consumers to stockpile pantry items.Adjusted earnings per share:Ecommerce sales:Walmart is firing on all cylinders, with its comparable sales easily topping analyst estimates.
The big-box store saw strength in its food, consumables, and health and wellness categories, with average ticket prices up 16.5% during the quarter.
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