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3 Reasons Walmart Crushed Q2 Earnings – Motley Fool

Walmart (NYSE:WMT) delivered another blowout earnings report Tuesday morning.
Investors responded to the numbers with a shrug, sending the stock down modestly on the news on fears about a slowdown in the third quarter, but the results were undeniably strong. U.S. comparable sales jumped 9.3%, driven by 97% e-commerce growth. Overall revenue rose 5.6% to $137.7 billion, topping estimates of $135.5 billion, and adjusted earnings per share surged from 23% to $1.56, easily beating expectations of $…

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