The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

US-retail-earnings-Walmart lead

Contributed by NAMPA / AFP.

Walmart reports jump in profit on strong US performance
New York, May 16, 2019 (AFP) - Walmart reported a jump in first-quarter earnings Thursday on higher US store sales and eCommerce growth following heavy investment in new "omnichannel" retail ventures.
The world's biggest retailer reported profits of $3.8 billion.
That's an increase of 80 percent from the year-ago period when results were dented by a one-time earnings hit following US tax reform.
Revenues climbed one percent to $ ...



© Copyright NAMPA Wednesday 22nd of May 2019 08:41:50 PM. All rights reserved.