UPDATE 5-Walmart holiday-quarter sales jump, 'feel pretty good about consumer'
February 19, 2019 at 13:03 PM EST
Walmart Inc said on Tuesday it sees no signs of weakness in U.S. consumer spending and posted its strongest holiday-quarter sales growth in a decade, citing robust grocery and e-commerce sales and assuaging concerns about a looming U.S. recession. Shares of the world's largest retailer rose nearly 4 percent on Tuesday and were up 7 percent so far this year.