Shares of Walmart (WMT) - Get Report popped Tuesday, after the world's largest retailer beat earnings estimates and raised its dividend. That's despite a lackluster holiday season. Walmart reported adjusted quarterly earnings of $1.30 a share, two cents above estimates. Revenue for the period was $133.6 billion beating analysts' forecasts of $131.1 billion. The company said its e-commerce sales grew 29% boosted by its $3 billion September purchase of online retailer Jet.com. Same-store sales in the U.S. jumped 1.8%, beating analysts consensus of 1.3%. The company raised its dividend by 2% to $2.04 a share.

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