#walmart #ecommerce #consumer #yahoofinance
Shares of Walmart (WMT) are trading higher on Thursday after the retail giant beat analyst estimates in its first quarter earnings report. The company saw same-store sales rise 3.8% during the quarter, while e-commerce sales witnessed a 22% year-over-year growth. Walmart also raised its full-year sales and profit guidance, boosting shares in today’s trade. Yahoo Finance’s Brian Sozzi breaks down the key drivers behind Walmart’s successful first quarter performance. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
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