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Conference Call
$WMT said recent acquisitions, including Bonobos, further enhanced its assortment and provided critical category expertise.
The company intends to expand its online grocery platform to more locations across the world. By the end of the year, 200 training academies for store associates are expected to start
$WMT said its 2Q18 EPS was positively impacted by 5 cents from the sale of the Suburbia business in Mexico. Continued investment in e-commerce and technology resulted in a 13 basis points increase in operating expense, as a percentage of sales, during the quarter.
The company expects comparable store sales to grow between 1.5% and 2% in 3Q18.
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