Walmart went from a single store in 1962 to more than 11500 stores in 27 countries with 510 bn $ in sales in 2019
Dmart has 214 stores as of March 20 ,whole India to cover,good management, long runway,steep valuations
@DMartSupport #DMart @Walmart @Flipkart #India @CNBC @ET_RISE
Dmart has 214 stores as of March 20 ,whole India to cover,good management, long runway,steep valuations
@DMartSupport #DMart @Walmart @Flipkart #India @CNBC @ET_RISE
Avenue Supermart
Difficult quarter ,Eps for q1fy21 0.62 compared to 5.18 q1fy20
PAT June,20 40.09cr / Jun19 323.09 cr
Revenue fell 33.2%
#COVID19 ,lockdowns,restricted store timings,wavering policies,sales of only essential goods in certain places affected sales
@DMartSupport
Difficult quarter ,Eps for q1fy21 0.62 compared to 5.18 q1fy20
PAT June,20 40.09cr / Jun19 323.09 cr
Revenue fell 33.2%
#COVID19 ,lockdowns,restricted store timings,wavering policies,sales of only essential goods in certain places affected sales
@DMartSupport
Customers preferred local kirana shops post opening,home delivery
Footfalls extremely low in April,May recovery seen in June
Dmart ready App started for home delivery during lockdown,stopped once stores allowed to start,management should continue this segment seein Amazon,Flipkt
Footfalls extremely low in April,May recovery seen in June
Dmart ready App started for home delivery during lockdown,stopped once stores allowed to start,management should continue this segment seein Amazon,Flipkt
Dmart focuses on essential goods sales,value prices,limited business allowed company to take care of quarter expenses
Certain cases, lower cases,routine business has returned to precovid level
Added 2 new stores
Future guidance uncertain
@ITCCorpCom @HUL_News @Nestle @DaburIndia
Certain cases, lower cases,routine business has returned to precovid level
Added 2 new stores
Future guidance uncertain
@ITCCorpCom @HUL_News @Nestle @DaburIndia
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