Walmart flexes in the fourth quarter, beats all expectations
Source: Associated Press
By ANNE D'INNOCENZIO 51 minutes ago
NEW YORK (AP) — Walmart beat expectations on quarterly profit and revenue, and e-commerce sales surged during the critical holiday period.
Shares moved sharply higher before the opening bell Tuesday.
Walmart is the first major retailer to deliver fourth-quarter results and its performance provides more evidence that efforts to expand services online as well as in the stores are widening the gap between itself and traditional rivals while at the same time, it’s holding its own against Amazon.
The huge numbers from the world’s largest retailer are especially encouraging after a very weak December retail sales report last week from the U.S. Commerce Department led many to fear that consumers had gone into hiding.
Read more: https://apnews.com/e0603c614b46fb398aa100044ae792c9
And how much did Walmart and that family get in tax cuts last year.............................
NEW WALMART TAX CUT DATA: Walmart Receives $373 Million Tax Break, Corporate Tax Rate Drops To 19% Thanks to GOP Tax Bill
https://notonepenny.org/new-walmart-tax-cut-data-walmart-receives-373-million-tax-break-corporate-tax-rate-drops-to-19-thanks-to-gop-tax-bill/
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These jerks get a 1 million dollar a day tax break...................... I know you and I sure has hell don't get one.............................amazing, and people still are forced to shop in these libertarian jerks stores, they own over 87% of the combine wealth in this country compared to the bottom 90%.....................amazing.................
