Walmart 2nd quarter results crush estimates

[tsptalk]

Walmart second-quarter results crush estimates, as e-commerce sales jump 97%

Walmart’s e-commerce sales in the U.S. shot up by 97% as customers had packages shipped their homes and used curbside pickup.

The retailer’s U.S. same-store sales grew by 9.3% in the second quarter, fueled by purchases of food and general merchandise.

The company did not provide a financial outlook for the rest of the year.

https://www.cnbc.com/2020/08/18/walmart-wmt-q2-2021-earnings.html

 

[rangerray]

Yet they only have 3 cashiers working in brick & mortar stores or using self-checkout. They can afford to have more cashiers. I hate Walmart.

 

[bmneveu]

Walmart second-quarter results crush estimates, as e-commerce sales jump 97%


https://www.cnbc.com/2020/08/18/walmart-wmt-q2-2021-earnings.html

Makes sense. We've switched from in-store grocery shopping at a mixture of stores to mostly curb-side pickup at Walmart. It's pretty dang convenient.