Summary
Walmart Inc. concluded its fiscal year ending January 31, 2020, with total revenues of $524 billion, a 1.9% increase year-over-year. The company demonstrated resilience with positive comparable sales growth in its U.S. segments (Walmart U.S. and Sam's Club) and continued investment in its omni-channel strategy, particularly in eCommerce and technology. Despite economic uncertainties and the looming impact of global events, Walmart maintained its focus on 'Everyday Low Price' and 'Everyday Low Cost' to drive customer value. Key strategic initiatives included expanding delivery and pickup services, strengthening its international portfolio through acquisitions and divestitures, and optimizing its supply chain. The company also continued to return capital to shareholders through dividends and share repurchases, reflecting a commitment to financial discipline and shareholder returns. While facing competitive pressures and operational risks, Walmart's diversified business model and scale provide a strong foundation for navigating the evolving retail landscape.
Financial Highlights
52 data points| Revenue | $519.93B |
| Cost of Revenue | $394.61B |
| Gross Profit | $125.32B |
| SG&A Expenses | $108.79B |
| Operating Income | $20.57B |
| Interest Expense | $2.26B |
| Net Income | $14.88B |
| EPS (Basic) | $1.74 |
| EPS (Diluted) | $1.73 |
| Shares Outstanding (Basic) | 8.55B |
| Shares Outstanding (Diluted) | 8.60B |
Key Highlights
- 1Total revenues reached $523.96 billion for fiscal year 2020, a 1.9% increase from the prior year.
- 2Walmart U.S. comparable sales increased by 2.9%, with eCommerce contributing 1.7% to this growth.
- 3Walmart International's net sales saw a slight decrease of 0.6% due to currency fluctuations, but showed positive comparable sales growth in most markets.
- 4Sam's Club reported a 1.6% increase in net sales, with eCommerce contributing 1.5% to comparable sales.
- 5Capital expenditures totaled $10.7 billion, with a significant focus on eCommerce, technology, supply chain, and store remodels, while new store openings slowed.
- 6The company repurchased $5.7 billion of its stock during fiscal year 2020 under its authorized repurchase program.
- 7Walmart declared a fiscal 2021 annual dividend of $2.16 per share, an increase from the previous year, demonstrating a commitment to shareholder returns.