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Digital and store sales boost Walmart in Q2
Walmart reported better-than-expected results for its second quarter amid surging online sales and an increase in store traffic. Walmart's total revenue for the period ended July 31 rose 2.3% to $123.36 billion for the quarter, better than analysts had expected. U.S. store visits increased 1.3% over the year-ago period. -
Analyst: Walmart shows that traditional retail can thrive if they adapt, evolve
The second quarter numbers show that Walmart remains firmly on the front foot and is more than holding its own in a challenging and competitive retail market. It is particularly pleasing to see sales growth accelerate since Q1 -- a clear sign that the various initiatives and investments are paying dividends.

