What Walmart's Q1 earnings are revealing about US consumers

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 55 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 63%

Walmart Noticias

John David Rainey,Rachelle Akuffo

Walmart (WMT) posted its first-quarter earnings report revealing revenue that beat expectations and showed a growth in its e-commerce arm. Comparable sales...

Walmart CFO John David Rainey joined Yahoo Finance to give insight into the state of the consumerWalMart reported stronger than expected first quarter revenue and same store sales results, driven by a big jump in E commerce sales and more visits to its giant super centres.What did you What did you see?

And what's interesting, These higher income earners who sought some of these bargains during peak inflation? Now investors did have an inkling, especially if you look at some of the data compiled from seeking Alpha, which showed that Walmart was the least shorted consumer staple stock in the S and P 500 for April.

And so placer dot a I uses data on things like foot traffic transactions, digital shopping behaviour, which, of course, you mentioned E commerce as well as the demographics of consumers to help retailers figure out the trends ahead.And it's interesting because Walmart dominating there, too. NEW YORK — Your wallet may soon be getting thinner. Visa on Wednesday announced major changes to how credit and debit cards will operate in the U.S. in the coming months and years. The new features could mean Americans will be carrying fewer physical cards in their wallets, and will make the 16-digit credit or debit card number printed on every card increasingly irrelevant. They will be some of the biggest changes to how payments operate in the U.S. since the U.S.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Walmart, Home Depot earnings: Checking in on the US consumerBig-box retailers Home Depot (HD) and Walmart (WMT) are set to report their first-quarter earnings figures on Tuesday, May 14, and Thursday, May 16...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

4 things to watch in Walmart's Q1 earningsWalmart (WMT) will release its first quarter earnings on Thursday. Yahoo Finance's Brooke DiPalma breaks down earnings expectations and four key areas...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »