Categories
Positive Developments In Retail Earnings And BNPL

Positive Developments In Retail Earnings And BNPL

May 19, 2021 at 04:00PM
by PYMNTS

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.

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.

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