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Walmart revenue up, Home Depot sales down in 4th quarter reports (Video)

Major retailers reported their quarterly results before the opening bell Tuesday. Walmart declared a 5.7% increase in revenue while Home Depot reported a drop in sales by nearly 3% year over year. Hope King, senior business reporter at Axios, joined CBS News to crunch the numbers.

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Walmart revenue up, Home Depot sales down in 4th quarter reports (Video)

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Walmart revenue up, Home Depot sales down in 4th quarter reports (Video)

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Summary
Walmart revenue up, Home Depot sales down in 4th quarter reports (Video)
Title
Walmart revenue up, Home Depot sales down in 4th quarter reports (Video)
Description

Major retailers reported their quarterly results before the opening bell Tuesday. Walmart declared a 5.7% increase in revenue while Home Depot reported a drop in sales by nearly 3% year over year. Hope King, senior business reporter at Axios, joined CBS News to crunch the numbers. CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News: https://cbsnews.com/live/ Download the CBS News app: https://cbsnews.com/mobile/ Follow CBS News on Instagram: https://instagram.com/cbsnews/ Like CBS News on Facebook: https://facebook.com/cbsnews Follow CBS News on Twitter: https://twitter.com/cbsnews Subscribe to our newsletters: https://cbsnews.com/newsletters/ Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h For video licensing inquiries, contact: licensing@veritone.com