E-commerce strong for Wal-Mart in Q2

|About: Wal-Mart Stores, Inc. (WMT)|By:, SA News Editor

E-commerce continues to be a growing part of the story at Wal-Mart (NYSE:WMT).

The company saw double-digit growth for the channel in the U.S., U.K., Brazil, and China. Globally, e-commerce sales were up 24% Y/Y.

E-commerce sales added 30 bps to the comp in the U.S. during the quarter.

Wal-Mart has e-commerce websites in 11 different countries.

WM -0.3% premarket