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E-Commerce Focus Will Likely Take $WMT Stock Higher

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WMT Stock Should Gain from New Acquisitions

Buz Investors WMT Stock Higher (<a href=NYSE:WMT) posted its fourth-quarter results on Tuesday, and the strong growth in e-commerce sales in the 2016 holiday season surprised investors. " src="http://investorsbuz.com/wp-content/uploads/2017/02/Walmart-stock-300x200-Small-300x200.jpg" style="float:left; height:auto; margin:0.5em 1em 0.5em 0px; width:300px" />

Buz Investors WMT Stock Higher (NYSE:WMT) posted its fourth-quarter results on Tuesday, and the strong growth in e-commerce sales in the 2016 holiday season surprised investors. Walmart stock got a lift from this good news, closing three percent up, at $71.45.

Wal-Mart Stores announced its Q4 and full-year financial results on Tuesday and pleasantly surprised many with the growth in its online sales. For the fourth quarter, earnings were $1.30 per share and total revenue increased by one percent, to $130.9 billion. (Source: "Walmart U.S. Q4 comps grew 1.8% and Walmart U.S. eCommerce GMV grew 36.1%..." Wal-Mart Stores Inc, February 21, 2017.)
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WMT Stock Higher

Wal-Mart's U.S. comp sales increased 1.8%, driven by a traffic increase of 1.4%. The same-store sales number was significant for WMT stock, and the retailer did not disappoint on this.

As the world's largest retailer, the company could improve its Q4 sales on account of an improved in-store shopping experience, discounts offered over the holidays, and better options for online shopping. As the company continues to focus on customer experience in the future, Walmart stock will likely continue to gain further.

In the earnings call, Wal-Mart CEO Doug McMillon seemed excited about the solid fourth quarter and continued momentum in the business. He was particularly pleased with the traffic in Wal-Mart stores. The U.S. gross merchandise value grew 36% in the quarter, and Sam's Club delivered its best comp sales growth of the year. (Source: "Wal-Mart Stores, Inc. (NYSE: WMT) Fourth Quarter Fiscal Year 2017 Earnings Call," Wal-Mart Stores Inc, February 21, 2017.)

Discussing the progress in e-commerce, McMillon asserted that investments to accelerate growth in online business will continue. Wal-Mart Stores is the second-largest U.S. online retailer by revenue, one of the top three online retailers by traffic, and the Wal-Mart app is among the top three retail apps.


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This article was written by Richard Dambrosi for http://investorsbuz.com on .

This article published in collaboration with Scutify, the best app for traders and investors. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

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