Tuesday morning, and if the quarter could be summarized in one sentence, it could be summarized best by Jeffries analyst, Corey Tarlowe, who wrote at the bottom of his report, about what Jeffries did NOT like about the quarter: “Nothing. This was a strong print.”Revenue grew 6.1% and operating profit grew 9.8% .
Store-fulfilled delivery is at a $30 billion annual run rate, $2.5 billion per month, still a small amount relative to the $700 bl in sales expected in calendar ’25;Walmart noted that ecommerce losses narrowed considerably in Walmart US, so from reading between the lines, profitability is still an issue in non-US markets;Walmart made an interesting point on the conf call: 50% of the fulfillment center volume is now automated, which is twice last years level at this time.
Walmart is holding an investment conference in early April ’25. I’m hoping I can get to it this year.
Belgique Dernières Nouvelles, Belgique Actualités
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