Walmart (WMT) posted its first-quarter earnings report revealing revenue that beat expectations and showed a growth in its e-commerce arm. Comparable sales and transactions rose 3.8% in the US, while the average ticket price was flat. Walmart CFO John David Rainey joined Yahoo Finance to give insight into the state of the consumer from Walmart's perspective, claiming consumers' wallets are "stretched."

Yahoo Finance's Rachelle Akuffo joins Wealth! to break down the numbers behind Walmart's latest quarterly report.

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This post was written by Nicholas Jacobino