Walmart sales up $6.7 billion, eComerce jumps 79%
Walmart sales up $6.7 billion, eComerce jumps 79%
Walmart said its net sales and operating results continue to be affected by the global health crisis. Increased demand for products across multiple categories led to strong top-line and gross margin results.
For Q3, total revenue was $134.7 billion, an increase of $6.7 billion, or 5.2 percent. Walmart U.S. comp sales increased 6.4 percent with strength across key categories, including general merchandise, health & wellness and food.
Walmart U.S. eCommerce sales grew 79 percent with strong results across all channels, while Sam’s Club eCommerce sales grew 41 percent.
“This was another strong