A solid Q1 for Walmart, with an increased focus on convenience

Date : 19 May 2023

Oliver Butterworth

Senior Analyst

Walmart delivered a solid first quarter, with US comp sales (ex-fuel) up 7.4%, driven by strong sales in food and health and wellness, but partially offset by a softening in GM sales. Whilst the retailer is recognised globally for its price leadership, in recent quarters it has addressed the…
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