Same-Day Delivery Is Driving Target Sales [The Motley Fool]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
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Source: The Motley Fool
Same-Day Delivery Is Driving Target Sales Amazon ( NASDAQ:AMZN Walmart NYSE:WMT Target NYSE:TGT The retail chain saw same-store sales grow by .7% in the first quarter while comp digital sales jumped by %. That added .% to the company's comps growth, according to CEO Brian Cornell's remarks during the Q earnings call "We're seeing a really positive guest response to our same-day digital fulfillment services, which drove well over half of our digital sales growth in the quarter," said Cornell. Shipt offers Target customers same-day delivery. Image source: Target. What is Target doing? Target offers same-day digital delivery through "Our ability to offer these same-day services which deliver high-level satisfaction is a result of our strategy to put stores [at] the center of fulfillment," Cornell said. "In fact, our stores handle more than 80% of our first-quarter digital volume, including all of our same-day options combined with digital orders shipped directly from stores to guests' ho
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WMT
Earnings
- 2/20/24 - Beat
WMT
Sec Filings
- 4/25/24 - Form DEF
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- WMT's page on the SEC website