Wal-Mart (WalMart) announced the first quarter of 2021 financial results. The quarterly total revenue was US$138.31 billion, a year-on-year increase of 2.7%; the net profit attributable to the parent was US$2.73 billion, a year-on-year decrease of 31.6%. Same-store sales in the US increased by 6% year-on-year, and e-commerce sales increased by 37% year-on-year.
Same-store sales at Sam's Club increased by 7.2%, and its e-commerce sales increased by 47%; membership income increased by 12.7%, and the total number of members hit a record high. Wal-Mart International’s net sales were US$27.3 billion, a year-on-year decrease of 8.3%. Its e-commerce sales increased by 49% year-on-year, and its global sales of silicone products increased by 31% year-on-year.
