Wal-Mart's 3Q Profit Beats While Sales Fall Behind

The transcript discusses Walmart's financial performance, focusing on same store sales, e-commerce growth, and challenges in the grocery sector. Same store sales showed a slight decline, while e-commerce saw a boost post jet.com acquisition. Walmart is shifting capital towards e-commerce to compete with Amazon. The grocery segment faces challenges like food price deflation, impacting sales. Despite these challenges, Walmart remains focused on improving its grocery offerings amidst competition from Kroger and Whole Foods.

What was the reported same store sales increase at Walmart US?

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How much is Walmart planning to spend on capital next year?

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What major competitor does Walmart face in the e-commerce space?

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What challenges is Walmart facing in their grocery business?

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What percentage of Walmart's U.S. business is represented by grocery sales?

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