Walmart China posts upbeat Q1 results
Shoppers browse fruit at a Sam’s Club store, a membership-only chain under Walmart, in Suzhou, Jiangsu province, on Feb 8. CHINA DAILY Walmart China’s first-quarter results showcased a robust performance, with net sales reaching $6.7 billion, a year-on-year increase of 22.5 percent. The company reported 16.8 percent growth in comparable sales, driven in part by…