Walmart Earnings: More Signs It’s Fighting Hard on Pricing | Barron’s

There’s more evidence that Walmart continues to fight hard on the pricing front.

The retailer was recently cheaper, on average, than fellow Barron’s Next 50 stock Amazon.com (AMZN) in 8 of 10 categories studied by Guggenheim Securities, according to a Tuesday note. (Guggenheim checked prices on 10 baskets of 10 items.)

In some cases, Walmart (WMT) — which has recently been seen cutting prices aggressively in some markets — was substantially cheaper: In snacks, drinks and household essentials, for example, which included items including popcorn, Pepsi and Tide pods, Walmart (with free 2-day shipping) came in cheaper on 7 items and 21% cheaper in total than Amazon Prime.

Across all 100 items, according to Guggenheim, Walmart was 4% cheaper than Amazon. The companies were roughly tied in the baby and toddler category, while Amazon was 2% cheaper in appliances, winning on 6 of 10 items.

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Walmart Earnings: More Signs It’s Fighting Hard on Pricing – Barron’s.