What Walmart's Q1 earnings are revealing about US consumers

#walmart #earnings #consumer #yahoofinance
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.
For more expert insight and the latest market action, click here to watch this full episode of Wealth!
This post was written by Nicholas Jacobino
Yahoo Finance: Market Coverage, Stocks, & Business News
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Пікірлер: 10

  • @vincecunningham1955
    @vincecunningham195523 күн бұрын

    Walmart should beat there numbers consistently now that 99 cent stores no longer in business. The question is does the comparison match with both Walmart and 99 cent store customers? Walmart was slick this time!

  • @Franjim34
    @Franjim3423 күн бұрын

    Yo

  • @vincecunningham1955
    @vincecunningham195523 күн бұрын

    Walmart numbers were not accurate. Here is where analyst all missed key data point. Walmart has just taken in min 80% of former 99 cent store consumers. The quarter analyst have to look at Walmart earnings with 75% of 99 cent stores earnings. The same in total shoppers etc.. W

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