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Walmart’s Sales Gains Slow as Pandemic Drags On

Walmart’s Sales Gains Slow as Pandemic Drags On

Walmart Inc.’s quarterly sales rose at a slower pace than earlier in the coronavirus pandemic even as shoppers continued to buy up food and cleaning s

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Walmart Inc.’s quarterly sales rose at a slower pace than earlier in the coronavirus pandemic even as shoppers continued to buy up food and cleaning supplies and the retailer pushed early holiday deals.

Comparable U.S. sales, those at stores or digital channels operating for at least 12 months, rose 6.4% in the quarter ended in late October. It was a third consecutive quarter of strong growth, though below the prior two quarters. E-commerce sales in the U.S. jumped 79% and accounted for much of the latest quarter’s gains.

This post first appeared on wsj.com

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