Walmart Earnings <br />Exceed Expectations , Due to Increase in Online <br />and Grocery Sales.<br />Walmart reported its first quarter <br />earnings for the year on Tuesday, .<br />reflecting an astounding <br />three percent increase in sales.<br />The company's $138.3 billion <br />in sales exceeded Wall Street's <br />prediction of $132 billion.<br />Walmart shares were up by <br />two percent in reaction to the news.<br />Stimulus helped in Q1, and because of that, we increased profit and revenue guidance, Brett Biggs, Walmart CFO, via CNBC.<br />You can tell people are starting to get back out, Brett Biggs, Walmart CFO, via CNBC.<br />Walmart has raised its outlook for the year, <br />with expectations of a high <br />single percent increase in revenue
