Walmart representatives believe that the business will grow past its projected sales in the coming three years, according to announcements made at its annual investor meeting in April. A recent report by e-commerce newsletter Stratably broke down Walmart’s goals for the next few years; according to that report, Walmart expects to compound sales at 4%. This rate is slower than the past three years of growth, but faster than pre-pandemic rates.
At the meeting, Walmart CFO John David Rainey said of the business’s growth, “when we reflect on where we are today, we believe that approximately 4% sales...