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Commentary: Walmart beat expectations by winning over high-income shoppers through new trendier products, faster delivery of online orders; some stores already tailored to affluent consumers, such as selling more books and organic products

Walmart to open fulfillment center in Greencastle, Pennsylvania, that will feature robotics, machine learning, ergonomic workstations; move will close facility in Pedricktown, New Jersey, and company is offering employees a bonus to relocate to new center

Commentary: Walmart surpassing US$500B in market value for first time signals its growing dominance; retailer has done better than many of its peers in building online business, which should help attract more shoppers and retain higher-income customers

Zacks: Walmart's Q1 earnings and sales beat Zacks Consensus Estimate and increased year-over-year; revenues rose across all segments, and e-commerce penetration grew in all markets due to store-fulfilled pickup, delivery and marketplace

Walmart Releases Q1 FY25 Earnings

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