Walmart’s e-commerce started to bounce back in Q1 (WMT)

This story was delivered to Business Insider Intelligence "E-Commerce Briefing" subscribers hours before appearing on Business Insider. Walmart announced its earnings for its fiscal Q1 2019 (ended April 30, 2018), reporting total revenue of $122.7 billion, up 4.4% year-over-year (YoY), a slight acceleration from its 4.1% YoY jump in Q4 FY2018. Its US grocery business helped drive its overall performance, as well as its e-commerce improvements. Walmart saw increases in the sales of fresh foods and packaged goods, bolstering its overall performance, according to The Wall Street Journal.