How Technology And Data Make Walmart Shine Amid Supply Chain Issues Inflation
Walmart reported third quarter same store sales of 9.2%, earnings of $1.11 a share and revenue of $140.5 billion. Walmart’s e-commerce sales grew 8% following massive COVID-19 gains a year ago. The retail giant also upped its outlook for fiscal 2022 and projected adjusted earnings per share of $6.40 compared to its previous guidance of $6.20 a share to $6.35 a share. It’s not surprising that Walmart, a long-time low cost provider, will be popular as inflation in the US spikes....