Walmart walking
back to 'normal'?
Ecom weak at 14%/sales.
Consumers still 'choiceful'
Ex-#1 global retailer Walmart reported steady volume growth and improved profitability in Q1'24. It continued to ape Amazon's initiatives in vain, but benefited from higher ticket prices and transactions. CEO Doug McMillon's minimalistic commentary provided positive guidance for the rest of 2023. We analyse commentary + analysts Q&A session.
