Walmart beats Wall Street’s holiday expectations as e-commerce sales soar
Publishing timestamp: 2024-02-20 11:59:05
Summary
Walmart beat holiday-quarter earnings and revenue expectations, announced acquisition of TV maker Vizio for $2.3 billion, and reported strong sales growth across various segments. The company's e-commerce business is growing, and it is investing in store upgrades and employee wages.
Sentiment: POSITIVE
Tickers: WMT,
Keywords: business, breaking news: earnings, earnings, retail industry, walmart inc, business news, breaking news: business,
Source: https://www.cnbc.com/2024/02/20/walmart-wmt-q4-2024-earnings-.html