Walmart’s E-Commerce Growth Beats Wall Street's Expectations Unlisted Video

Walmart reported earnings for its fiscal Q1 2020 announcing that its US comparable sales growth was up 3.4% year-over-year, its best performance in nine years.Show more

This result was partially driven by its US e-commerce business, which rose 37% YoY, surpassing the company's 35% forecast for the segment in this fiscal year, according to Reuters.

What it means: While its Q1 performance outpaced its expectations for the year, Walmart's e-commerce growth still decelerated and will need to bounce back to challenge Amazon.