Walmart Inc.âs sales continued to climb during the spring quarter through at a slower pace than earlier in the Covid-19 outbreak, as some consumers returned to more typical shopping patterns and US government stimulus mended spending habits.Comparable sales, those from US stores and digital channels operating for at least 12 months, increased 6% in the quarter ended on April 30 compared with the same period last year. US e-commerce sales increased by 37%. It was the slowest online growth for Walmart since the coronavirus outbreak in early 2020 lifted the retail landscape.Sales of nonfood items leaped more than 20% in the quarter, aided by government stimulus checks as clients splashed their money on recreation, home improvement and apparel items. Grocery sales dropped compared with the same quarter last year when shoppers hoarded some goods such as food and toilet paper, but the retail giant gained grocery share versus last year.Stimulus-oriented spending has continued to boost sales at the start of the current quarter, stated Walmart Chief Financial Officer Brett Biggs. More consumers are shopping in physical stores than at the beginning of the year and buying products that indicate they are being more social, such as travel gear, beauty products and teeth whitener, he stated. âYou can tell that the masks are coming off,â Mr. Biggs said.
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