Walmart Inc. WMT and Burger King have entered into a unique partnership that offers Walmart+ members an exclusive offer of 25% off any digital Burger King order. Starting in September, members will also receive a free flame-grilled Whopper with every purchase every three months, further increasing the benefits of their membership. Walmart+ members can easily redeem this benefit through the BK app or on bk.com.
This exclusive benefit is tailored to members’ busy lifestyles. Since many people visit quick service restaurants multiple times a week, this partnership offers a convenient and cost-effective solution that allows members to save time and money while still enjoying Burger King’s legendary menu items.
Walmart+ continually strives to improve its member offerings based on member feedback, and the addition of Burger King is a prime example of that commitment. This benefit is free to members and complements existing partnerships with companies like Expedia and Paramount+, further expanding the range of exclusive benefits available through Walmart+. The latest collaboration underscores WMT’s ongoing efforts to provide value and convenience to its Walmart+ members.
Image source: Zacks Investment Research
What else should you know about Walmart?
Walmart leverages the strength of its diverse business segments, markets, channels and formats to drive customer traffic in-store and online, demonstrating its adept adaptation to the changing retail environment. Its strategic focus on improving delivery services has been particularly successful, leading to a steady increase in market share in the grocery space. New ventures such as the marketplace, advertising and membership programs have further diversified revenue streams. Together, these advantages reinforce the company’s Zacks Rank #3 (Hold) position as a retail giant with a keen eye on sustained success and customer loyalty.
The company’s shares have risen 15.6 percent over the past three months, compared with industry growth of 14 percent.
3 solid bets for retail
Sprout farmers SFM, which is engaged in the retailing of fresh, natural and organic foods, currently has a Zacks Rank #1 (Strong Buy). SFM has an average earnings surprise of 12% over the last four quarters. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Sprouts Farmers’ revenue and earnings for the current fiscal year is for them to grow by approximately 9.6% and 18.7%, respectively, over the figures reported last year.
Boat Barn Holdings, Inc. BOOT currently has a Zacks Rank of 1. BOOT has an average earnings surprise of 7.1% over the last four quarters.
Zacks Consensus Estimates for Boot Barn’s revenue and earnings for the current fiscal year are for growth of 10.7% and 8.9%, respectively, over the prior year level.
PriceSmart, Inc. PSMT, which owns and operates U.S. shopping malls, currently has a Zacks Rank #2 (Buy). PSMT delivered an earnings surprise of 10.2% in the last quarter.
The Zacks Consensus Estimate for PriceSmart’s revenue and earnings for the current fiscal year suggest growth of 11.3% and 14.3%, respectively, over the prior year figures.
Want the latest recommendations from Zacks Investment Research? Download the 7 best stocks for the next 30 days today. Click here to get this free report
Walmart 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
To read this article on Zacks.com, click here.
Zacks Investment Research
