Wal-Mart's 3Q Profit Beats While Sales Fall Behind

The transcript discusses Walmart's financial performance, focusing on same store sales, e-commerce growth, and challenges in the grocery sector. Same store sales showed a slight decline, while e-commerce saw a boost post jet.com acquisition. Walmart is shifting capital towards e-commerce to compete with Amazon. The grocery segment faces challenges like food price deflation, impacting sales. Despite these challenges, Walmart remains focused on improving its grocery offerings amidst competition from Kroger and Whole Foods.

What was the reported increase in Walmart's same-store sales in the U.S.?

• 1.5%

• 2.0%

• 1.2%

• 1.0%

Which acquisition helped Walmart boost its e-commerce sales?

• Zappos

• Flipkart

• Whole Foods

• jet.com

What percentage of Walmart's capital budget is allocated for store growth in the U.S.?

• 30%

• 20%

• 40%

• 10%

What is one of the challenges Walmart faces in its grocery business?

• Lack of fresh food

• Food price deflation

• Limited store locations

• High food prices

Which competitors are mentioned as challenges to Walmart's grocery business?

• Target and Costco

• Aldi and Lidl

• Kroger and Whole Foods

• Safeway and Publix