Walmart reported much higher second-quarter sales and robust growth in its e-commerce businesses today, even as it reported a loss on one-time costs associated with selling a Walmart Brazil stake.
The world's biggest retailer scored its most robust jump in more than 10 years in US comparable store sales, sending shares sharply higher. But it reported an $861 million loss following pre-tax costs of $4.8 billion on the Brazil sales.
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