Walmart Inc. net sales exceed $150 billion in Q4
Walmart U.S. reported Q4 FY22 net sales exceeding
- Walmart U.S. comparable sales increased by 6.4% for the full year.
- Sam's Club comp sales rose 10.4% in Q4 and 9.8% for the full year.
- Walmart U.S. eCommerce sales grew 11% in FY22 and 90% over two years.
- The company generated
$24.2 billion in operating cash flow. - Repurchased
$9.8 billion in shares during FY22.
- Total revenue declined by
$32.7 billion due to divestitures for FY22. - Walmart International sales decreased by
$7.9 billion , a 22.6% drop. - Consolidated operating income impacted negatively by around 60 basis points due to divestitures.
Insights
Analyzing...
Q4 FY22 GAAP EPS of
Company guides FY23 in-line with growth algorithm outlined last February
Planned share repurchases of at least
Fourth-quarter highlights:
-
Company delivers strong holiday results globally. Total revenue was
, up$152.9 billion 0.5% , negatively affected by due to divestitures.$10.2 billion -
Strong sales in
Walmart U.S . with market share gains in grocery. eCommerce sales grew1% and70% on a two-year stack. -
Competitive pricing remains in focus globally. Consolidated gross profit rate up 10 bps; 54 bps in
Walmart U.S . -
Sam’s Club comp sales increased
10.4% , and21.2% on a two-year stack. Membership income increased9.1% . -
Walmart International net sales were , a decrease of$27.0 billion , or$7.9 billion 22.6% , negatively affected by due to divestitures.$10.1 billion China ,Mexico andFlipkart delivered strong growth. - Navigated higher supply chain costs and pandemic-related challenges well, while executing strategic initiatives. Consolidated operating expenses as a percentage of net sales was relatively flat.
-
Consolidated operating income was
, an increase of$5.9 billion 7.3% . Adjusted operating income increased5.9% . Both were negatively affected by about 60 basis points due to divestitures. -
Company prioritizes in-stock levels. Inventory up
26% globally;28% in theU.S. , affected by higher cost of goods, mix, and higher in-transit shipments.
Full-year highlights:
-
Total revenue was
, up$572.8 billion 2.4% , negatively affected by related to divestitures. Excluding currency, total revenue would have increased$32.7 billion 1.6% to .$568.2 billion -
Walmart U.S . comp sales increased6.4% and15.0% on a two-year stack. -
Walmart U.S . eCommerce sales grew11.0% and90% on a two-year stack. -
Robust growth in marketplace and fulfillment services in the
U.S. ,Mexico andIndia . Added approximately 20,000 new sellers to theU.S. marketplace. -
Global advertising business reached
as the company’s flywheel accelerates. In the$2.1 billion U.S. , active advertisers usingWalmart Connect increased136% . -
Sam’s Club comp sales increased
9.8% and21.6% on a two-year stack. Membership income increased11.3% . -
Walmart International net sales decreased16.8% , negatively affected by approximately related to divestitures.$32.6 billion -
The company generated
in operating cash flow and returned$24.2 billion to shareholders through dividends and share repurchases.$15.9 billion -
GAAP EPS of
; Adjusted EPS of$4.87 .$6.46 -
Repurchased
in shares for the fiscal year, representing around$9.8 billion 50% of the authorization announced last year.$20 billion
The company will hold a live conference call with the Investment Community at
About
View source version on businesswire.com: https://www.businesswire.com/news/home/20220216006287/en/
Investor Relations Contacts
Sr. Vice President, Investor Relations and Corporate FP&A
479-295-2103
Sr. Director II, Investor Relations
479-381-9268
Media Relations Contact
Sr. Director,
800-331-0085
Source: