10-K/APeriod: FY2001

Walmart Inc. Annual Report (Amendment), Year Ended Jan 31, 2001

Filed April 17, 2001For Securities:WMT

Summary

Walmart Inc.'s 2001 Form 10-K/A filing provides an overview of its extensive operations as the world's largest retailer for the fiscal year ending January 31, 2001. The company reported substantial net sales of $191.3 billion, demonstrating continued dominance in the retail sector. This report details Walmart's multi-faceted business segments, including domestic Wal-Mart Stores, Sam's Club, and International operations, highlighting significant expansion and strategic acquisitions such as ASDA Group PLC and increased ownership in Wal-Mart de Mexico. Key to investors is the company's robust growth strategy, evidenced by continuous store openings across all formats and geographies, alongside investments in e-commerce through Wal-Mart.com. The filing also touches upon operational efficiencies, competitive strategies like 'Everyday Low Price,' and a large, dedicated workforce of over 1.2 million associates. While the report indicates routine legal proceedings, it reassures investors of no material pending litigation. Overall, the filing paints a picture of a financially strong and geographically expanding retail giant focused on maintaining its market leadership through aggressive growth and a diversified business model.

Key Highlights

  • 1For the fiscal year ended January 31, 2001, Walmart reported net sales of $191.3 billion, solidifying its position as the world's largest retailer.
  • 2The company operated a vast network of 1,736 discount stores, 888 Supercenters, and 475 Sam's Clubs domestically, alongside international units in eight countries and Puerto Rico.
  • 3Significant international expansion occurred with the acquisition of ASDA Group PLC in the UK and an increased ownership stake in Wal-Mart de Mexico.
  • 4Walmart's domestic store count grew to 2,647 units (discount stores, Supercenters, Neighborhood Markets), and Sam's Club count reached 475.
  • 5International operations saw substantial sales growth, reaching $32.1 billion, with significant assets concentrated in the United Kingdom.
  • 6The company's workforce exceeded 1.24 million associates globally.
  • 7The report details various operational and merchandising strategies, including the 'Everyday Low Price' initiative, and its extensive distribution network.

Frequently Asked Questions

Walmart reported net sales of $191,329,000,000 for the fiscal year ended January 31, 2001.

As of January 31, 2001, Walmart operated a total of 4,135 units domestically (1,736 discount stores, 888 Supercenters, 475 Sam's Clubs, and 19 Neighborhood Markets) and 764 international units across eight countries and Puerto Rico, bringing the global total to over 4,900 units.

Key strategic moves included the completion of the acquisition of ASDA Group PLC in the United Kingdom and increasing the ownership percentage in Wal-Mart de Mexico S.A. de C.V. by approximately 6%.

Walmart employs competitive strategies such as 'Everyday Low Price', 'Item Merchandising', 'Store-Within-a-Store', 'Price Rollbacks', and 'Store of the Community' to maintain its market position.