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Walmart just announced record US sales, and it sees more stimulus checks bringing another ‘boost’

brett biggs walmart

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Walmart CFO Brett Biggs told CNBC that another stimulus check could give the company a “boost.”

Biggs was speaking after the company reported its fourth-quarter earnings, which fell short of Wall Street expectations despite record sales in the US; the stock fell as much as 6.2% on Thursday. Notably, earnings for e-commerce only increased by 69%; as Insider’s Ben Winck reported — the smallest increase since the pandemic’s onset.

Against the backdrop of a debate among Republicans, Democrats, and economists over the size of the next stimulus package, Biggs’ remarks details ⇒

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