World_news Walmart Continues Run of Sales Growth, Raises Forecasts – The Wall Street Journal

World_news

Walmart Inc. said sales rose in the second quarter and it raised its profit forecasts for the year, extending the retail giant’s multiyear streak of growth as it takes market share from struggling competitors and expands online.

Sales at U.S. stores and websites operating at least 12 months grew 2.8%, due to strong grocery sales, online and off, and slightly more shoppers visiting stores and websites. U.S. e-commerce sales rose 37%.

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