Wal-Mart clsoed a great quarter

According to Wal-Mart’s CEO Doug McMillon, the favorable macroeconomic environment helped Wal-Mart to increase its revenue and market share.

Wal-Mart has surpassed expectations in the Christmas quarter, largely due to the fact that e-commerce is starting to flourish at the company – portfolio.hu wrote. The management has confirmed its expectations for this year in the flash report, which may also be welcomed by investors, and the exchange rate is rising as well. (portfolio.hu)