The big-box retailer has sold groceries, hair color and more to customers during the coronavirus pandemic, but it's also had additional expenses as its workforce grows and more sales shift online.
Walmart has hired 200,000 additional employees to clean stores, stock shelves and fulfill online orders during the pandemic.
It's had higher expenses, though, too, including more than $935 million in bonuses for employees so far this year.Al Bello | Getty ImagesThe big-box retailer has kept stores open as an essential retailer during the Same-store sales are expected to be up 7.2% in the U.S., according to StreetAccount consensus estimates.
Walmart had a surge in sales in the early weeks of the pandemic as customers stockpiled groceries, hand sanitizer and toilet paper. Instead of going to stores, customers turned to online shopping, with many buying different kinds of items — such asThe big-box retailer is the largest private sector employer in the U.S. It initially, but later increased that to 200,000.
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