Walmart Boosts Full-Year Outlook on Strong 3Q Sales

Walmart Boosts Full-Year Outlook on Strong 3Q Sales

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses Walmart's strong third-quarter performance, highlighting a 3.2% increase in comparable sales and a 41% rise in digital sales. Despite flat gross profit margins, US inventories are well-managed. The quality of the earnings beat is analyzed, noting weaker global gross margins led by Sam's Club. The focus is on top-line growth rather than earnings. The performance is seen as beneficial for retailers like Target and Dollar General, driven by Walmart's success in online grocery sales.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage increase in Walmart's digital sales during the third quarter?

25%

50%

41%

35%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which aspect of Walmart's performance was highlighted as a key metric?

Net income

Gross profit margin

Operating expenses

Market share

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main contributor to the upside in Walmart's performance?

Reduced marketing costs

Higher product prices

Expense leverage

Increased store openings

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which retailer is most likely to benefit from Walmart's online grocery success?

Best Buy

Costco

Target

Amazon

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which two retailers are mentioned as being in the same category as Walmart?

Kroger and Safeway

Dollar General and Dollar Tree

Aldi and Lidl

Costco and Sam's Club