6 Incredible Numbers From Walmart’s COVID-19 Quarter
Walmart (NYSE: WMT) is the world's biggest retailer, so it isn't a shock to see some head-turning operating metrics related to its $500 billion annual sales haul. But the first quarter of fiscal 2021, which ended May 1 and includes the start of the global COVID-19 pandemic, still stands out as one for the record books.
Let's look at some of the incredible financial details that came out of that report.
Comparable-store sales, or comps, jumped 10% to more than triple the change from the prior quarter. Before that, Walmart had noted that its 3% increase through most of 2019 was its best result in over a decade.
Source Fool.com
