Walmart increased online sales
Walmart increased online sal...
Subscribe to Newsletter

Walmart increased online sales

17 November 2020
1 min.
Walmart increased online sales

Walmart is growing again

The trend of online sales continued in Q3 with sales in the USA increasing by 79%.

The CEO of Walmart Doug McMilon said: "This was another good quarter. We believe this new customer behaviour will continue and we are well positioned to serve customers with the value and experience they are looking for".

Walmart International's net revenue was $29.6 billion, an increase of 1.3%. The Flipkart, Canada and Walmex segments had a positive impact on net sales of approximately $1.1 billion. A record number of monthly active customers contributed to the strong growth in net sales at Flipkart.

In the area of self-export and delivery of Walmart products, record sales volumes were recorded. At the end of the quarter, Walmart offered an online product pick-up service in 3,600 locations and delivery on the same day in approximately 2,900 shops. Walmart operates more than 4,700 shops in the USA.

Comparable U.S. sales rose 6.4 percent over the quarter, while comparable traffic fell 14.2 percent, offset by a 24 percent increase in comparable average checks. A similar trend can be seen in the Russian market, where consumers are buying with stock. Therefore, a decrease in traffic has no negative impact on the company's results.

Indicators for 3Q

The company's revenue increased by 5.2% to USD 134.7 billion and sales increased by 5.3% to USD 133.8 billion. Profit increased to 1.8 dollars per share (EPS). As a result of the third quarter, the company managed to increase net profit by 56.2 per cent.

Persons1 and Companies2 in the news

President and CEO of Walmart
1 place
1 place
2 place


News from is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York. news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova

Development Director
Died this year
Born this year