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Investors had high hopes for the overall results of Walmart(NYSE:WMT) during the company’s important holiday quarter. The biggest ongoing question, however, was whether the company could continue to expand its online sales as the world increasingly turns to e-commerce. The answer to that question was a resounding yes.
For the fiscal 2019 fourth quarter (which ended Jan. 25, 2019), Walmart showed it was more than up to the task, growing its U.S. digital sales by 43% year over year. For the full year, online sales in the U.S. increased by 40%.
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