Those surveyed by KPMG have employed various strategies to reduce the added cost.
U.S. same-store sales rose 4.5% — the best growth in more than a decade — amid a particularly strong performance in Walmart's grocery business.
Doug McMillon outearned the typical Walmart employee by a ratio of 1,888 to 1 in 2017, the company discloses.
Grocery categories delivered the strongest quarterly performance in nearly six years and e-commerce grew 50% in the third quarter.
"No doubt we are in a transformational period of history. Our future is looking more digital," says CEO Doug McMillon.
The retail giant has made aggressive moves to compete with Amazon and now offers online grocery in more than 900 U.S. locations.
Comp sales were up at all Walmart's retail formats though analysts are wondering when sales growth will translate into earnings growth.
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Walmart International CFO Brett Biggs will replace Charles Holley amid challenging times for the retailer, whose stock has fallen 22% this year.
