Q4 Comps Give Walmart a Big Lift

Q4 Comps Give Walmart a Big Lift

Walmart enjoyed a stellar fourth-quarter beating Wall Street on earnings as comparable sales made significant gains. In the fourth quarter, company net income was $3.56 billion, or $1.28 per diluted share, versus a net loss of $2.09 billion, or 74 cents per diluted...
Placer: Superstores Keep Bringing Traffic Back

Placer: Superstores Keep Bringing Traffic Back

According to Placer.ai’s Superstores Quarterly Index for Fourth Quarter 2021 consumer visits to superstores were up 6.8% in the period year over year, up 10.9% compared to the 2020 quarter, and up 5.7% compared to the 2019 period. The COVID-19 pandemic may even have...