Walmart's Latest Result Spells Bad News for This Discount Retailer [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
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Source: Yahoo! Finance
In fact, over the last three years, it's outperformed top retail stocks like Costco Wholesale Amazon Target , and Home Depot as the chart below shows. Are You Missing The Morning Scoop? Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Walmart has reinvented itself over the last decade from a stodgy brick-and-mortar retailer losing ground to Amazon to a modern omnichannel operation, delivering everyday low prices and convenience for customers, and finding growth opportunities in e-commerce, advertising, and in India. That strategy has paid off for investors as Walmart just reported another round of strong growth. In the third quarter, overall revenue rose 5.5% to $169.6 billion, driving impressive top-line gains in all three of its business segments. In its biggest segment, Walmart U.S., it reported comparable sales of 5.3%, driven by transaction and average ticket growth, and it also made share gains across all income cohorts. Walmart is the bigg
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AMZN
Earnings
- 10/31/24 - Beat
AMZN
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 144
- 11/21/24 - Form 144
- AMZN's page on the SEC website