Walmart holiday quarter sales rise, ecommerce jumped 43 percent

U.S. retailer Walmart Inc on Tuesday reported an estimate-beating jump in holiday quarter comparable sales, which grew for the 18th consecutive quarter. Sales at U.S. stores open at least a year rose 4.2 percent, excluding fuel, in the fourth quarter ended Jan. 31. Analysts estimated a gain of 2.96 percent, according to IBES data from Refinitiv.