According to Sam’s Club President and CEO Chris Nicholas, the company is working to drive increased membership and expanded physical and digital capabilities while also delivering an elevated experience for its members.
The overall Consumer Price Index (CPI) dropped 0.1% but grocery inflation ticked up 0.4%. On a yearly basis, food-at-home prices came in 2.4% higher last month compared to March 2024.
For the five-week period ending April 6, sales were $25.51 billion, an increase of 8.6% over March of 2024. Net sales for the first 31 weeks of the company’s fiscal year grew 8.3% to $158.87 billion.
Consumers plan to spend a total of $23.6 billion on Easter this year, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.
