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  • Walmart reported increased first-quarter profits Tuesday following a surge in e-commerce sales for groceries and essential items from consumers stuck at home due to the coronavirus pandemic. The world's biggest retailer said US e-commerce sales jumped a staggering 74 percent in the quarter ending April 30. Profits rose 3.9 percent to $4.0 billion on an 8.6 percent increase in revenues to $134.6 billion. jmb/bgs
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  • Walmart reports higher profits on surge in online sales
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