Wal-Mart posts huge online sales growth

Wal-Mart posts huge online sales growth

by Greg Johnson, May 24, 2017

Retail giant Wal-Mart Stores Inc. reported its first quarter online sales grew 63% from Q1 last year.

In the company report on the first quarter of fiscal 2018, which ended April 30, it also recognized a 1.4% increase over last year in total revenue with $117.5 billion.

Bentonville, Ark.-based Wal-Mart invested in its online market last year, and it appears to be paying off. The company reported most of the growth was through Walmart.com.

“Our customers have choices, and we have to earn their business with every interaction,” said Doug McMillon, president and CEO.

The report is found here

The company also offers an interactive report HERE









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