|Bid||151.60 x 800|
|Ask||151.83 x 1200|
|Day's Range||151.10 - 152.72|
|52 Week Range||102.00 - 153.40|
|Beta (5Y Monthly)||0.40|
|PE Ratio (TTM)||21.88|
|Earnings Date||Feb. 18, 2021|
|Forward Dividend & Yield||2.16 (1.42%)|
|Ex-Dividend Date||Dec. 10, 2020|
|1y Target Est||161.44|
Walmart (NYSE: WMT) continued its strong e-commerce sales growth in the fiscal third quarter with U.S. online sales climbing 79% year over year. During the third quarter, Walmart saw "significantly reduced operating losses in e-commerce." Here are three factors leading to improved profitability for its online business.
Reliable income (and income growth) prove highly valuable when the market turns uncomfortably volatile.
If any retailers were still in denial about the dramatic shift toward e-commerce, the pandemic took care of that quickly: e-commerce now accounts for 20% of all U.S. retail spending.