Description: Walmart and Target both reported stellar third-quarter earnings this week, sending their shares soaring. And once again, the biggest headline for both was e-commerce. Walmart (WMT) said its online sales rose 79% in the quarter. Target (TGT) said its online sales rose 155%.
Source: Yahoo.Finance.com – video report
Date: Nov 20, 2020
Questions for discussion:
- How has Covid-19 affected e-commerce related business?
- Why are the analysts confident that the growth online will be permanent? Do you agree?