BENTONVILLE, Ark.--(BUSINESS WIRE)--
Walmart Inc. (NYSE: WMT):
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Fourth-quarter highlights:
- Consolidated revenue of $173.4 billion, up 5.7%, or 4.9% (cc)
- Consolidated gross margin rate up 39bps due to improvement at Walmart U.S.
- Consolidated operating income up $1.7 billion, or 30.4%; adjusted operating income up 13.2%, positively affected by currency and LIFO of 2.3% and 1.0%, respectively
- Global eCommerce sales grew 23%
- Global advertising business grew approximately 33%, including 22% for Walmart Connect in the U.S.
- Adjusted EPS of $1.80 excludes the effect, net of tax, from a net gain of $0.23 on equity and other investments
- Walmart agrees to buy VIZIO HOLDING CORP. to further accelerate Walmart Connect in the U.S.
Full year highlights:
- Consolidated revenue of $648.1 billion, up 6.0%, or 5.5% (cc)
- Global advertising business grew approximately 28% to reach $3.4 billion
- Consolidated operating income up $6.6 billion, or 32.2%; adjusted operating income up 10.2%, growing faster than sales
- ROA at 6.6%; ROI at 15.0%, up 230 bps
- GAAP EPS of $5.74; Adjusted EPS of $6.65
The company will hold a live conference call with the Investment Community at 7 a.m. CST Tuesday, Feb. 20, 2024, to discuss the company’s fourth quarter earnings results for fiscal year 2024. The event will be webcast live and is accessible by visiting and selecting the Fourth Quarter Earnings Release event. The webcast will be archived and available on the .
About Walmart
Walmart Inc. (NYSE: WMT) is a people-led, tech-powered omnichannel retailer helping people save money and live better - anytime and anywhere - in stores, online, and through their mobile devices. Each week, approximately 255 million customers and members visit approximately 10,500 stores and numerous eCommerce websites in 19 countries. With fiscal year 2024 revenue of $648 billion, Walmart employs approximately 2.1 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy, and employment opportunity. Additional information about Walmart can be found by visiting , on Facebook at , on X (formerly known as Twitter) at , and on LinkedIn at
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