FIRST AIRED: February 19, 2019

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

×

Transcript

00:00:00
better than expected fourth quarter results at Walmart easing concerns the US consumer isn't in a shopping mood America's largest retailer on Tuesday said sales were strong during the holiday season and quote we still feel pretty good about the consumer all this optimism is in stark contrast to recent worries sparked by a government report last week that showed the biggest drop in monthly retail sales in nine years Walmart sales jumped to nearly one hundred and thirty nine billion dollars over the three month period as investment in its online operations pays off especially when it comes to groceries online sales surge during the quarter as more of wal-mart's customers become comfortable with ordering the groceries online and then driving to the store to pick them up groceries are responsible for about half of all Walmart sales but its physical store business isn't looking shabby either U. S. in store sales growth hit a nine year high and has jumped for more than four years straight a winning streak that is unrivaled by any other retailer and Walmart is betting those trends will continue standing by its sales growth forecast for the year thanks to Walmart size it's was also strong enough to suggest there's no need to worry about a sluggish shopper causing the recession shares of Walmart are up nearly four percent in Tuesday trade