Positive Developments In Retail Earnings And BNPL

The Home Depot

The Home Depot posted surging comparable sales as part of its quarterly results. In retail, Walmart provided better-than-anticipated top- and bottom-line growth, as more customers purchased products online and were increasingly inclined to visit its stores. And in payment methods, a growing portion of consumers are seeking buy now, pay later (BNPL) options to help them spread out the cost of pet-related purchases. All this, Today in Data.

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    Data:

    500K: Approximate number of associates at The Home Depot.

    $138.3B: Total revenue Walmart reported for its first quarter.

    39%: Share of millennials who do not use BNPL but would like to do so via digital wallets.

    17%: Portion of BNPL users who use the payment method to purchase pet supplies.

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    $4.1B: The Home Depot’s net earnings for its first quarter.