Walmart earnings takeaways and what it signals about consumer

as the retail giant continues to gain market share across all income groups in the US. Yahoo Finance Senior ReporterDiPalma notes that upper-income households account for the majority of market share gains at Walmart, and it is continuing to grow salesand discretionary goods. For the first time in 11 quarters, the company saw positive inflection in general merchandise, and consumers flocked to its e-commerce segment, Walmart Marketplace.

And for the first time in 11 quarters, the company saw positive inflection in the general merchandise category, something that consumers have been pulling back from, but they did see consumers flock to online that E commerce Walmart marketplace, something that's growing for furniture and sporting goods.

And there's also a little bit of a difference if you look at economic data between the cost of food at home versus food away.Went on to say that back to school is off to a good start with strength in the stationary category.Brooke while we have you quickly, how, how big is that discrepancy between food away from home and, and groceries?According to the CP I print that we got on Wednesday food away from home is up, 4% was up 4% in the month of July food at home.

Georges Berthoin, Europe’s unofficial ambassador to London from 1956 until Britain joined the EEC – obituary

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Yahoo Finance LIVE - Rebecca Test - Yahoo FinanceTaiwan Semiconductor Manufacturing Company reported better-than-expected second quarter results and raised its full-year revenue forecast. The report is...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Major indexes slip as tech stocks fall, Netflix earnings on tap: Yahoo FinanceBetter-than-expected results from chip giant Taiwan Semiconductor Manufacturing Company were not enough to stave off a broader tech selloff. Tech stocks are ...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

TSMC earnings boost chip stocks, Chicago Fed President Austan Goolsbee speaks to Yahoo FinanceTaiwan Semiconductor Manufacturing Company (TSM) reported better-than-expected second quarter results and raised its full-year revenue forecast. The report...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Tech selloff weighs on S&P, United earnings on deck: Yahoo FinanceThe Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) indexes are trading lower as mega-cap technology stocks continue to face selling pressure amid ongoing...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

CrowdStrike update leads to global IT outage, Netflix revenue outlook disappoints: Yahoo FinanceCybersecurity firm CrowdStrike says it has deployed a fix to repair an update to Microsoft software that led to a massive global IT outage. The outage has...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stocks slide, CrowdStrike plummets on global tech outage: Yahoo FinanceThe three major indexes (^DJI, ^IXIC, ^GSPC) are all trading lower as investors rotate out of Big Tech names. One of the biggest movers is CrowdStrike (CRWD)...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »