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Walmart pummeled on slower e-commerce growth

February 20, 2018

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It’s worth pausing to at least try to comprehend the mind boggling size of Walmart — which for years has sat at the top of the Fortune 500. Last year, the retail behemoth brought in half a trillion dollars. That’s more money than the GDP of Belgium (and a lot of other countries, too).

Many analysts and investors were hard on the company for its weak profit numbers and the slowdown in e-commerce growth. But by many measures, the retailer posted a respectable performance in Q4, and it’s clear the company is ambitious about growing on the online side.

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