Walmart Ecommerce Sales Grow 97 Percent in Second Quarter

Walmart Ecommerce Sales Grow 97 Percent in Second Quarter

Walmart ecommerce sales in the second quarter grew by 97%, “with strong results across all channels,” it reported today.

Keep in mind that Walmart’s fiscal year doesn’t match other top ecommerce companies, as the supplier consulting firm 8th & Walton notes. Walmart’s fiscal Q2 encompasses the 13-week period ending July 31st.

Walmart’s total revenue was $137.7 billion, a 5.6% increase (or 7.5% excluding currency). US stores’ comp sales grew 9.3% “led by strength in general merchandise and food.”

CNBC reported that the retailer benefited enormously by pandemic shopping and from government stimulus-check spending.

More information is available on the Walmart corporate website.

Ina Steiner

Ina Steiner

Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She’s a widely cited authority on marketplace selling and is author of “Turn eBay Data Into Dollars” (McGraw-Hill 2006). Her blog was featured in the book, “Blogging Heroes” (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com.