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Despite Hiccup In 4th Q Online Sales, Analysts Don’t See Walmart Losing To Amazon

February 20, 2018: 12:00 AM EST
Investors are nervous that a dip in Walmart’s 4th quarter e-commerce sales – the announcement triggered a nine percent stock price drop – could portend an online future in which the mega-retailer plays second fiddle to Amazon. Online sales grew only 23 percent during the holiday quarter. Yet the company continues to forecast 40 percent growth for the current fiscal year, and analysts and industry experts seem to be on board with that. The company’s investments in its website and overall e-commerce operations will begin to pay off later in the year. Walmart also has a substantial brick-and-mortar retail base, something Amazon lacks. A Cowen & Co. analyst said “the future of e-commerce is physical + digital,” a strategy that “will drive a 'productivity loop.'" [Image Credit: © Walmart ]
Lauren Thomas, "Walmart Has Big Year of E-Commerce Investments Planned to Bring Growth Back to 40 Percent", CNBC, February 20, 2018, © CNBC LLC
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