Walmart Inc. WMT and Burger King entered into a first-of-its-kind partnership, providing Walmart+ members with an exclusive offer of 25% off on any digital Burger King order. Starting in September, members will also be eligible to receive a free flame-grilled Whopper every three months with any purchase, further enhancing the perks of their membership. Walmart+ members can easily redeem this benefit through the BK App or at bk.com.
This exclusive benefit is tailored to fit members' fast-paced lifestyles. With many people frequenting quick-service restaurants several times a week, this partnership offers a practical and cost-effective solution, allowing members to save time and money while enjoying Burger King's iconic menu items.
Walmart+ continually seeks to enhance its membership offerings based on member feedback and the addition of Burger King is a prime example of this commitment. This benefit comes at no extra cost to members and complements existing partnerships with companies like Expedia and Paramount+, further expanding the range of exclusive perks available through Walmart+. The recent collaboration underscores WMT's ongoing effort to provide added value and convenience for its Walmart+ members.
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What Else Should You Know About Walmart?
Walmart leverages the strength of its diverse business segments, markets, channels and formats to boost in-store and digital traffic, demonstrating its skillful adaptation to the changing retail environment. Its strategic focus on enhancing delivery services has been particularly rewarding, leading to a consistent rise in market share for groceries. New ventures such as the marketplace, advertising and membership programs have further diversified its revenue streams. Together, these upsides reinforce the Zacks Rank #3 (Hold) company’s position as a retail powerhouse with a keen eye on sustained success and customer engagement.
The company’s shares have increased 15.6% in the past three months compared with the industry’s growth of 14%.
3 Solid Retail Bets
Sprouts Farmers SFM, which is engaged in the retailing of fresh, natural and organic food products, currently sports a Zacks Rank #1 (Strong Buy). SFM has a trailing four-quarter earnings surprise of 12%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Sprouts Farmers’ current financial-year sales and earnings implies growth of around 9.6% and 18.7%, respectively, from the year-ago reported numbers.
Boot Barn Holdings, Inc. BOOT currently sports a Zacks Rank #1. BOOT has a trailing four-quarter earnings surprise of 7.1%, on average.
The Zacks Consensus Estimate for Boot Barn’s current financial-year sales and earnings suggests growth of 10.7% and 8.9%, respectively, from the year-ago levels.
PriceSmart, Inc. PSMT, which owns and operates U.S.-style membership shopping warehouse clubs, currently carries a Zacks Rank #2 (Buy). PSMT delivered an earnings surprise of 10.2% in the last reported quarter.
The Zacks Consensus Estimate for PriceSmart’s current financial-year sales and earnings suggests growth of 11.3% and 14.3%, respectively, from the year-ago reported numbers.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
Free: See Our Top Stock And 4 Runners UpWalmart Inc. (WMT) : Free Stock Analysis Report
Boot Barn Holdings, Inc. (BOOT) : Free Stock Analysis Report
PriceSmart, Inc. (PSMT) : Free Stock Analysis Report
Sprouts Farmers Market, Inc. (SFM) : Free Stock Analysis Report
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