Walmart Earnings Preview: Groceries, Digital and Omnichannel Take Center Stage

PYMNTS.com November 15, 2023

Walmart earnings, slated for Thursday morning (Nov. 16) before the market opens, will likely offer the latest variations on several themes:

• Consumers seeking value, especially with consumables and groceries;
• a shift to digital channels to get at least part of the shopping done, where the online marketplace model is gaining steam;
• and a combination of omnichannel choices powering how, when and where individuals get what they need, from searching online and picking up in store, to delivery and curbside pickup.

The second quarter (the company operates on a fiscal year) data noted that weekly active digital users grew by more than 20% and that marketplace customer counts were up by 14%.

In addition, eCommerce sales surged by...

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