Walmart Q1 boosted by 74% surge in online coronavirus buying, sales jump 10%

Walmart Q1 boosted by 74% surge in online coronavirus buying, sales jump 10%

Retail giant Walmart (WMT) reported stronger-than-expected first-quarter earnings on Tuesday, driven by a surge in e-commerce and higher traffic in stores as the coronavirus pandemic sparked massive purchases in household goods. Here were the main numbers compared to Bloomberg consensus forecasts: Revenue: $134.6 billion vs. expectations of $132.48 billion Adjusted EPS: $1.84 vs. expectations of $1.12 Walmart […]
HOMER looks to aid in online learning amid school closures

HOMER looks to aid in online learning amid school closures

As more parents are turning to online learning amid school closures, online learning platform HOMER is looking to help families adjust to this new normal. “We’re really in the mission of serving families,” HOMER Co-Founder and President Stephanie Dua told On the...