Walmart this morning announced that its Q4 revenue was up 4.1 percent, to $136.27 billion, compared to $134.93 billion during the same period a year ago. Fourth quarter US same-store sales were up 2.6 percent, while total year US same-store sales were up 2.1 percent.
Of particular note - Walmart’s e-commerce sales were up 23 percent for the fourth quarter - which, while significant, was half the 50 percent growth seen during the previous quarter - and up 44 percent for the entire year.
Walmart’s international sales increased 6.7% to $33.1 billion, while Sam's Club comparable sales increased 2.4% during the quarter.
Of particular note - Walmart’s e-commerce sales were up 23 percent for the fourth quarter - which, while significant, was half the 50 percent growth seen during the previous quarter - and up 44 percent for the entire year.
Walmart’s international sales increased 6.7% to $33.1 billion, while Sam's Club comparable sales increased 2.4% during the quarter.
- KC's View:
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It would appear that Walmart is firing on most cylinders these days … and the challenge will be to continue to innovate in coming months and years. The job will never be done.
