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What’s behind Walmart’s Q1 Sales Beat?

Adrian Stevens
What’s behind Walmart’s Q1 Sales Beat?

Walmart (WMT) reported net sales of $122.7 billion in fiscal Q1 2019, which exceeded analysts’ expectations of $120.5 billion and increased 4.4% YoY (year-over-year). Continued strength in its US business and healthy sales in the international segment drove the top-line growth in the first quarter. Walmart’s value pricing and acceleration in e-commerce sales continue to support its top line.