Summary
This Form 10-K filing for Walmart Inc. (then Wal-Mart Stores, Inc.) for the fiscal year ended January 31, 2011, showcases a company with massive global reach and a vast operational scale. The report highlights the company's core business segments: Walmart U.S., Walmart International, and Sam's Club. Walmart U.S. remains the largest segment, contributing 62.1% of net sales, underscoring its dominance in the domestic market. The company emphasizes its "Everyday Low Price" (EDLP) strategy as a key differentiator and competitive advantage. Despite the economic climate, Walmart demonstrated resilience, with significant net sales of approximately $419.0 billion for the fiscal year. The filing also details the company's extensive store network, merchandise categories, distribution capabilities, and employee base of approximately 2.1 million worldwide. While the report indicates strong operational performance, it also acknowledges various risks, including general economic conditions, competition, and potential legal proceedings.
Financial Highlights
53 data points| Revenue | $418.95B |
| Cost of Revenue | $314.95B |
| Gross Profit | $104.01B |
| SG&A Expenses | $81.36B |
| Operating Income | $25.54B |
| Interest Expense | $1.93B |
| Net Income | $16.39B |
| EPS (Basic) | $1.49 |
| EPS (Diluted) | $1.49 |
| Shares Outstanding (Basic) | 10.97B |
| Shares Outstanding (Diluted) | 11.01B |
Key Highlights
- 1Walmart reported net sales of approximately $419.0 billion for the fiscal year ended January 31, 2011.
- 2The company operates through three main segments: Walmart U.S. (62.1% of net sales), Walmart International (26.1% of net sales), and Sam's Club (11.8% of net sales).
- 3Walmart's core pricing strategy is "Everyday Low Price" (EDLP), aimed at building customer trust and loyalty.
- 4The company employs a vast network of approximately 2.1 million associates globally.
- 5Walmart U.S. operates a significant number of retail units, including Supercenters, Discount Stores, and Neighborhood Markets, with a continued focus on store format evolution.
- 6The Walmart International segment has a diverse presence across 14 countries, operating under approximately 60 different banners.
- 7The company identifies a broad range of risk factors, including economic conditions, competitive pressures, supplier issues, and legal proceedings, such as the significant gender discrimination class action lawsuit (Dukes v. Wal-Mart Stores, Inc.).