O Walmart foi um varejista mais essencial do que a meta no segundo trimestre
WalmartWMTis coming off a second quarter where its U.S. same-store sales, excluding fuel, grew 6.4 percent year-over-year. TargetTGT, on the other hand, saw its same-store sales fall 5.4 percent. What did Walmart go right and where did Target go wrong? Most of the answer, in a word, is spelled G-R-O-C-E-R-Y. Walmart said its grocery dollar and unit volume grew in the high single digits in the second quarter. Health and beauty products were up in the high double digits. More than half of Walmart‘s total sales are generated by grocery, health and beauty. Walmart’s general merchandise sales were down for the quarter, but not as much as expected. “We see people across income cohorts come to us more frequently looking to save money on everyday needs. That gives us an opportunity to drive conversion in more discretionary categories,” said Walmart CEO Doug McMillon on the retailer‘s second-quarter earnings call. “We’re encouraged by how general merchandise performed during the second quarter versus our expectations. We still expect food, consumables, and health and wellness, primarily due to the popularity of some GLP-1 drugs, to grow as a percent of total in the back half.” Recent research from Numerator puts Walmart‘s U.S. grocery market share at