New York (CNN Business) Walmart sales got a big boost last quarter as shoppers spent their government stimulus checks on home goods, electronics and lawn care products, the company said Tuesday. Walmart's sales at US stores open for at least one year increased 9.3% to $93.3 billion during the three months ending on July 31, compared with the same stretch last year. Walmart's online sales boomed, growing 97%. Walmart's grocery business makes up more than half of its sales. A "focus by customers on entertaining themselves at home and investing in their homes and yards" during the pandemic also drove sales, McMillon said.

Source: CNN August 18, 2020 11:35 UTC