Walmart Inc. (WMT - Free Report) , is a multinational retail corporation which operates a chain of hypermarkets, discount department stores and grocery stores. Walmart has outpaced the industry in the past six months, due to its focus on strengthening e-commerce and store operations. These factors helped the company retain its sturdy comps trend in fourth-quarter fiscal 2019, wherein top and bottom lines improved year over year and the latter marked its fourth consecutive beat. Notably, U.S. comps rose for the 18th straight time. Further, e-commerce sales surged on the back of strong Walmart.com and online grocery performances.
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