Walmart Bounces Back In Q1

Walmart has announced its earnings for its first quarter of 2019, and the retailer looks to have bounced back. They reported total revenue of $122.7 billion, up 4.4% year-over-year. Its overall performance look to be driven by their US grocery business, as well as its e-commerce improvements. Walmart has been revamping its website, which could cause its e-commerce sales to take off. Keep an eye on Walmart in the coming quarter.