Walmart Releases Q4 and FY20 Full-Year Earnings

Fourth-quarter highlights

  • Total revenue was $141.7 billion, an increase of $2.9 billion, or 2.1%.
  • Walmart U.S. comp sales increased on a two-year stacked basis by 6.0% with continued strength in food and consumables.
  • Walmart U.S. eCommerce had strong growth in grocery pickup and delivery, and walmart.com had its highest quarterly growth rate of the year.
  • Sam’s Club comp sales increased 0.8%, and eCommerce sales grew 33%. Reduced tobacco sales negatively affected comp sales by approximately 300 basis points.
  • Net sales at Walmart International were...

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