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Walmart earnings top Q2 estimates, sees significant e-commerce growth

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Walmart (WMT) smashes expectations in its second-quarter earnings beat, posting $161.6 billion in revenue — a 5.7 percent increase driven by an uptick in sales and 24 percent growth in Walmart's e-commerce segment. Yahoo Finance Executive Editor Brian Sozzi joins the Live show to examine "one of the most mind-blowing quarters out of retail this year", comparing Walmart's success to Target's challenging headwinds, while also quoting Walmart executives' comments on the retail spending environment for U.S. consumers.

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