Walmart's first quarter margins under pressure, e-commerce rebounds

NEW YORK (Reuters) – Walmart Inc on Thursday said profit margins during the first quarter remained under pressure due to price cuts and higher freight costs, weighing on its shares even as sales and earnings came in stronger than expected.

Walmart's first quarter margins under pressure, e-commerce rebounds Walmart's first quarter margins under pressure, e-commerce rebounds Walmart's first quarter margins under pressure, e-commerce rebounds

lEMGieMI
READ Walmart's first quarter margins under pressure, e-commerce rebounds On Reuters

Author: HEDGE

Hedge Accordingly was founded ahead of the global financial crisis in January of 2008, with the goal of providing our readers our unique take on The Latest News on Wall Street, Stocks, #Politics and Business news. Hedge Accordingly produces both original, and aggregated #Wallst news content from top publishers around the world. We curate aggregated content covering the latest news on politics, stocks, wall street, and the tech industry. We also provide free stock charting, quotes and a bitcoin, forex and currency exchange. Learn More About HEDGEaccordingly.com