Walmart Positioned for E-Commerce Breakthrough and…
From Financial Modeling Prep: 2024-12-12 12:06:00
Bernstein SocGen Group analyst reiterated Walmart’s Outperform rating, highlighting its scale advantage in delivering value to consumers and achieving profitability in e-commerce.
Walmart’s U.S. e-commerce business is close to breaking even on a subsidized contribution basis, thanks to investments in fulfillment automation and last-mile delivery.
The retailer’s focus on omni-channel retailing is expected to boost operational efficiency and drive EBIT growth ahead of sales growth in the long term.
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