3 big trends are working in Walmart's favor

Mon, 06/10/2024 - 15:13

A woman pushes a cart full of items from diapers to eggs through the home goods section of a Walmart in Los Angeles. — "During inflationary periods, we want to try to be the last to go up," Walmart US CEO John Furner told investors. "We want to remain low price for the customer as long as we can."
Kevork Djansezian/Reuters

Walmart is enjoying the results of a flywheel effect between three major trends.
As inflation attracts more customers to the retailer, its relative costs come down.
Lower costs translate to lower prices, bringing in still more customers and repeating the cycle.

With summer in full swing, Walmart continues to find its groove.

In a call with investors on Friday, executives at the retail giant revealed how the business is benefiting from a flywheel effect between three major trends.