Walmart Reports Record Q4 and FY21 Revenue

Fourth-quarter highlights
• Total revenue was a record $152.1 billion, an increase of $10.4 billion, or 7.3%. Excluding currency2, total revenue would have increased 7.5% to reach $152.3 billion.
• Walmart U.S. comp sales1 increased 8.6% with strength across most key categories.
• Walmart U.S. eCommerce sales increased 69% with strong results across all channels.
• Sam’s Club comp sales1 increased 10.8% and eCommerce sales grew 42%. Reduced tobacco sales negatively affected comp sales by approximately 410 basis points. Membership income increased 12.9%, the strongest growth in six years.
• Walmart International net sales were $34.9 billion, an increase of 5.5%. Net sales in constant currency2 increased 6.3%, led by Flipkart, Mexico and Canada. Changes in currency rates negatively affected net sales by approximately $0.3 billion.
• Consolidated gross profit rate increased 29 basis points with positive contributions from each operating segment, led by the U.S.
details at: https://corporate.walmart.com/media-library/document/q4-fy21-earnings-release/_proxyDocument?id=00000177-b235-d73b-a9f7-b2f591660001

Related Posts

USPS Service Performance Shows Continued Improvement Across First-Class Mail and Periodicals

The U.S. Postal Service provided new service performance data today for the week of May 29 through June 4, 2021. During the seven-day period, First-Class Mail and Periodicals experienced positive improvement in service delivery, while Marketing Mail saw a slight decline. Key performance indicators for the week of May 29th include: *First-Class Mail: 89.95 percent of First-Class Mail was delivered on time, a 1.06 percent increase from the week of May 22. *Marketing Mail: 90.67 percent of Marketing Mail was delivered on time, a 1.29 percent decline from week of May 22. *Periodicals: 80.70 percent of Periodicals were delivered on time, a 1.31 percent increase from the week of May 22.

The ODP Corporation Enters Into Definitive Agreement for a Sale and Partial Leaseback of Its Corporate Headquarters

The ODP Corporation announced that, subject to certain closing conditions, it has reached a definitive agreement for a sale and partial leaseback of its Boca Raton-based corporate headquarters. Upon completion of a sale, The ODP Corporation expects to lease a portion of the building’s office space from the new owner and to continue to occupy it as the company’s headquarters for a minimum of two years. “I’m excited about this opportunity and our commitment to maintaining Boca Raton as our headquarters and base of operations while continuing to embrace our low-cost flexible business model,” said Gerry Smith, chief executive officer for The ODP Corporation. “This is another example of how we are committed to leveraging our assets in the best way possible, enhancing our balance sheet and identifying smart ways to drive The ODP Corporation’s long-term growth and success.”

USPS Issues New Rule On Requester Newspapers (mediapost.com)

Print publications are facing many challenges, not the least of which is one caused by that old partner: The U.S. Postal Service. The USPS has issued a rule that allows it to revoke an audit bureau’s authority to validate requesters, according to the National Newspaper Association (NNA). Requester newspapers are those that have more than 50% of their circulations paid or requested. That includes paid single-copy sales. The USPS can withdraw the audit bureau’s authority if it finds that its procedures are inadequate.
Back To Top
×Close search
Search