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00:02Walmart shares rose Thursday afternoon, supported by broader market gains and the company's
00:09expansion of its delivery services, according to Benzinga. The retail giant announced a
00:14partnership with Inspire Brands to add restaurant delivery services to its platform, starting with
00:19Dunkin' locations inside Walmart stores. The partnership will use Walmart's store network
00:25and digital app to expand delivery options and increase customer engagement. Shares also
00:31benefited from a broader market rally as Treasury yields declined following dovish inflation
00:36comments from Federal Reserve Governor Christopher Waller. Walmart reported second quarter adjusted
00:41earnings of 81 cents per share and revenue of $187.9 billion, beating Wall Street expectations.
00:48Global e-commerce sales rose 23 percent, while advertising revenue increased 38 percent.
00:54Shares were up 2.6 percent at $180.85 on Thursday, according to Benzinga Pro Data.
01:00For all things money, visit Benzinga.com.
