Walmart`s Support to Stakeholders during the COVID-19 Crisis
| Case Code: BSTR630 Case Length: 16 Pages Period: 2020-2021 Pub Date: 2022 Teaching Note: Not Available |
Price: Rs.400 Organization : Walmart Inc. Industry : Retailing Countries : United States Themes: Stakeholder Management, Business Environment, Crisis Management,Business Continuity Planning |
Abstract Case Intro 1 Case Intro 2 Excerpts
Introduction
In May 2021, Walmart Inc. (Walmart) announced its earnings for the quarter ended April 30, 2021, and reported net sales of $137.16 billion, up 2.6% from $133.67 billion a year earlier. The company announced robust sales gains in its US operations. Walmart US’s comparable sales increased 6% with market share gains in the grocery segment, while operating income increased by 26.8%. (Refer to Exhibit I for Key Results of Walmart during First Quarter of FY2022).
The retailer’s performance was strengthened by customers’ demand for essentials and pandemic shopping habits...
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