Walmart's first-quarter margins under pressure, e-commerce rebounds

Walmart Inc on Thursday said profit margins during the first quarter remained under pressure due to price cuts and higher freight costs, weighing on its shares even as sales and earnings came in stronger than expected.  

Walmart's first-quarter margins under pressure, e-commerce rebounds
Walmart`s e-commerce sales grew 33 percent, above the 23-percent growth in the previous three months. Image source: Reuters

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