Walmart Reports Strong Second Quarter Results
(Undated) -- Walmart is reporting very strong second quarter results. The world's biggest retailer posted a 40-percent jump in e-commerce sales in the U.S. earlier this week, after a 33-percent bump in the first quarter. Total revenue increased three-point-eight percent to 128-billion dollars in the quarter that ended July 31st. Adjusted earnings came to a dollar-29 a share, beating analysts' estimates of a dollar-22. All that good news pushed up Walmart's shares nearly ten-percent, to 99-14 in pre-market trading. Walmart operates several stores in west central Illinois, including one in Canton.
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