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Walmart eyes 100-bps+ hit in Q3 sales from Flipkart shifting of BBD sales
US-based retail giant Walmart has said the timing shift of the 'Big Billion Days' sales event of its Indian e-commerce arm Flipkart in FY27 will create a headwind in the third quarter, while it will provide a corresponding boost in the fourth quarter. Walmart said it expects a headwind of more than 100 basis points to third-quarter sales growth due to the shift in timing of Flipkart's Big Billion Days event between the third and fourth quarters. "For Q3 sales guidance, we expect a headwind of o…
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