Walmart said Thursday its U.S. food business delivered the strongest
comparable-store sales performance in almost six years, propelled by
fresh meat, bakery and produce.Comparable-store sales climbed 2.7
percent overall in the third quarter, with traffic growth up 1.5
percent.The average ticket at Walmart’s U.S. stores rose 1.2 percent,
helped by the accelerating growth in its food business.Fresh categories
including meat also performed well in the company’s Sam’s Club unit and
are an important driver of traffic, Walmart said.The retail giant also
posted a 50 percent jump in e-commerce sales in the quarter.Walmart
raised its earnings expectations for the full year, and its share price
hit a new all-time high Thursday after it reported its results.
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