Summary
Walmart Inc. reported strong financial performance for the nine months ended October 31, 2012, with total revenues reaching $341.2 billion, a 5.4% increase compared to the same period last year. This growth was driven by a 5.4% increase in net sales to $339.0 billion, supported by comparable store and club sales increases and contributions from recent acquisitions. The company demonstrated effective cost management, with operating expenses growing at a slower rate than net sales, leading to a 5.7% increase in operating income to $19.2 billion. Diluted earnings per share from continuing operations attributable to Walmart were $3.35 for the nine-month period, up from $3.03 in the prior year. Key financial highlights include a robust increase in net cash provided by operating activities to $15.9 billion and a significant surge in free cash flow to $7.0 billion, more than double the previous year's $3.4 billion. This improved cash generation reflects enhanced operating results and disciplined capital investment. The company also maintained a strong commitment to returning capital to shareholders, with dividends paid totaling $4.0 billion and share repurchases amounting to $4.7 billion for the nine-month period. Despite ongoing legal and regulatory investigations, including FCPA matters, management continues to express confidence in the company's financial condition and operational resilience.
Financial Highlights
49 data points| Revenue | $113.80B |
| Cost of Revenue | $85.47B |
| Gross Profit | $28.33B |
| SG&A Expenses | $22.24B |
| Operating Income | $6.09B |
| Interest Expense | $522.00M |
| Net Income | $3.63B |
| EPS (Basic) | $0.36 |
| EPS (Diluted) | $0.36 |
| Shares Outstanding (Basic) | 10.09B |
| Shares Outstanding (Diluted) | 10.14B |
Key Highlights
- 1Total revenues increased by 5.4% to $341.2 billion for the nine months ended October 31, 2012.
- 2Net sales grew by 5.4% to $339.0 billion for the nine months ended October 31, 2012.
- 3Operating income increased by 5.7% to $19.2 billion for the nine months ended October 31, 2012.
- 4Diluted EPS from continuing operations attributable to Walmart increased to $3.35 for the nine months ended October 31, 2012, from $3.03 in the prior year.
- 5Net cash provided by operating activities rose significantly to $15.9 billion for the nine months ended October 31, 2012.
- 6Free cash flow more than doubled to $7.0 billion for the nine months ended October 31, 2012.
- 7Dividends paid amounted to $4.0 billion and share repurchases were $4.7 billion for the nine months ended October 31, 2012.