Walmart reported strong fourth-quarter results with accelerated revenue growth and improved operating income, driven by robust performance across its U.S. and international segments, and significant global eCommerce expansion. The company also announced a new substantial share repurchase authorization, signaling confidence in its financial health and strategic direction.
Total revenues increased 5.6% to $190.7 billion, with constant currency growth of 4.9%.
positiveOperating income grew 10.8% to $8.7 billion, or 10.5% adjusted in constant currency, outpacing sales growth.
positiveGlobal eCommerce sales grew 24%, with significant strength in store-fulfilled pickup & delivery, marketplace, and advertising.
positiveWalmart U.S. comparable sales grew 4.6%, driven by increased customer transactions and broad-based share gains.
positiveAnnounced a new $30 billion share repurchase authorization.
positiveWalmart International's reported net sales growth was 11.5%, but constant currency growth was 7.5%, indicating a currency headwind.
attentionThe timing of Flipkart's Big Billion Days negatively affected Walmart International's Q4 growth, with a corresponding benefit in Q3.
attentionSam's Club U.S. comparable sales (ex. fuel) grew 4.0%, a deceleration from 6.8% in the prior year's comparable period.
attentionInventory increased 4.3% year-over-year to $58.9 billion, outpacing the reported net sales growth of 4.7% for the full year.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
| Segment | Current | Prior Yr | YoY | % Total | CC |
|---|---|---|---|---|---|
Walmart U.S. | N/A | — | — | — | — |
Walmart International | N/A | — | — | — | +9.3% |
Sam's Club U.S. | N/A | — | — | — | — |
| Total Revenue | $0.00M | — | — | 100.0% | — |
Segment performance shows business unit health and growth drivers. Constant currency (CC) removes FX impact for like-for-like comparison.
Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.
Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.
The pace of change in retail is accelerating, and our financial results show that we’re not only embracing this change, we’re leading it.
For our customers and members, the future is fast, convenient, and personalized.
Customers responding favorably to our omni strategy of low prices and increased convenience.
Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.
Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.