Walmart Reports Revenue Grew In 2Q Of FY 2018

Walmart reported total revenue grew 2.1 percent, or $2.5 billion, to $123.4 billion in the second quarter of fiscal 2018. With currency excluded, total revenue for the period was $124.4 billion, an increase of 2.9 percent or $3.5 billion. Walmart U.S.'s comparative sales rose 1.8 percent, with customer traffic rising 1.3 percent. Walmart International posted net sales of $28.3 billion, a decline of 1.0 percent compared with the same period in the previous year.