Retail giant Walmart Inc. (WMT) operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It reported a solid first-quarter performance and anticipates a multi-year growth outlook given its growth investments and productivity advancement initiatives.
WMT’s president and CEO, Doug McMillon, stated, “We had a strong quarter. Comp sales were strong globally with eCommerce up 26%. We leveraged expenses, expanded operating margin, and grew profit ahead of sales.”
