Walmart reported 33% growth in U.S. ecommerce in Q1 with online grocery being an attributing factor to the growth. Total revenue was $122.7 billion, an increase of $5.1 billion or 4.4%.
“We are really pleased with the performance in Q1 for our U.S. ecommerce business,” said Kary Brunner, director of investors relations for Walmart in an earnings call. “We’re seeing good momentum with the right assortment and the right pricing supported by marketing.”
Brunner said the expansion of online grocery sales and delivery was one of several initiatives that contributed to the strong ecommerce growth in the quarter.
“We think a combination of executing the fundamentals of ecommerce and continuing to make progress there will help us achieve our full year net sales,” said Brunner.