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4 Key Takeaways From Walmart’s Earnings Call [Video]

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Ecommerce

Walmart (WMT) delivered better-than-expected results on Tuesday as it grew revenue, income and e-commerce in the fiscal fourth quarter.

On a call with investors and analysts, executives at the company said the retail giant was continuing to see growing revenue from new lines of business. And with e-commerce sales hitting $100 billion globally, executives believe profitability for that segment is in sight, while artificial intelligence will help the company manage inventory and improve order fulfillment. Meanwhile, the proposed purchase of Vizio (VZIO), also announced Tuesday, is an advertising play for Walmart.

Here are key takeaways from today’s call.

Walmart is forecasting growth in net sales of between 3% and 4% for its upcoming fiscal year, better than its forecast last year, but company officials said the retailer is relying on growing new revenue streams and is not planning on raising its prices.

“We are not relying on raising prices to achieve …

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