Summary
Walmart Inc.'s 2017 10-K filing reveals a company operating at a massive scale, with $485.9 billion in total revenue for the fiscal year ending January 31, 2017. The company serves over 260 million customers weekly across 11,695 stores in 28 countries and e-commerce operations in 11 countries, demonstrating significant global reach. The core strategy revolves around "Everyday Low Price" (EDLP) and "Everyday Low Cost" (EDLC), aiming to build customer trust through consistent low pricing and operational efficiency. Key to Walmart's operations are its three reportable segments: Walmart U.S., Walmart International, and Sam's Club. Walmart U.S. is the largest segment, contributing approximately 64% of net sales and historically the highest gross profit rate. The Walmart International segment, representing about 24% of net sales, faces currency headwinds but maintains a broad international presence. Sam's Club, accounting for 12% of net sales, operates on a membership model and targets a different customer base. The company is actively investing in its digital capabilities to create a seamless integration between physical and online shopping experiences, recognizing the evolving retail landscape and increasing importance of e-commerce.
Financial Highlights
52 data points| Revenue | $485.87B |
| Cost of Revenue | $361.26B |
| Gross Profit | $124.62B |
| SG&A Expenses | $101.85B |
| Operating Income | $22.76B |
| Interest Expense | $2.04B |
| Net Income | $13.64B |
| EPS (Basic) | $1.47 |
| EPS (Diluted) | $1.46 |
| Shares Outstanding (Basic) | 9.30B |
| Shares Outstanding (Diluted) | 9.34B |
Key Highlights
- 1Total revenues reached $485.9 billion for the fiscal year ending January 31, 2017, underscoring the company's immense scale.
- 2Walmart operates 11,695 stores under 59 banners across 28 countries and e-commerce websites in 11 countries, highlighting significant global diversification.
- 3The company's core strategy remains focused on "Everyday Low Price" (EDLP) and "Everyday Low Cost" (EDLC) to maintain customer trust and operational efficiency.
- 4The Walmart U.S. segment is the largest contributor to revenue (64% of net sales) and historically exhibits the highest gross profit margin.
- 5Walmart International, despite currency challenges, is a substantial segment (24% of net sales) with operations in 27 countries, demonstrating global retail presence.
- 6Sam's Club, a membership-based warehouse club, contributes 12% of net sales and offers a distinct value proposition.
- 7Significant investments are being made in e-commerce and digital integration to create a seamless omnichannel customer experience.