Please wait while we load the requested 10-K report or click the link below:
For Immediate Release
Media Relations Contact
Investor Relations Contact
Pre-recorded management call
877-523-5612 (U.S. and Canada)
201-689-8483 (other countries)
Passcode: 9256278 (Walmart)
Wal-Mart Stores, Inc. (Walmart) reported fourth quarter diluted earnings per share from continuing operations (EPS) of $1.34, which includes the impact of discrete items detailed in this press release. Underlying1 EPS for the quarter was $1.60. Last year's EPS for the fourth quarter was $1.67.
The company reported EPS for fiscal 2014 of $4.85, which includes certain discrete items that impacted the fourth quarter. Underlying1 EPS for fiscal year 2014 was $5.11, a 2.0 percent increase over last year's reported EPS of $5.01.
Consolidated net sales reached $473.1 billion for the year, an increase of $7.5 billion, or 1.6 percent. On a constant currency basis,1 net sales would have increased 2.5 percent to $477.5 billion. Currency negatively impacted net sales by approximately $5.1 billion, and acquisitions added approximately $0.7 billion.
Consolidated operating income was $26.9 billion for the year, a decrease of 3.1 percent. The company had certain discrete items that impacted operating income by approximately $0.9 billion or 3.3 percent. Excluding these items, underlying1 operating income increased 0.2 percent to $27.8 billion. Walmart U.S., with operating income growth of 4.0 percent, was the major contributor to Walmart's underlying1 profit growth.
Walmart U.S. grew net sales 2.4 percent in the quarter and comp sales declined 0.4 percent in the 14-week period ended Jan. 31, 2014. Comp sales for the Neighborhood Market format rose approximately 5.0 percent.
Walmart U.S. will increase capital expenditures for fiscal 2015 to accelerate the rollout of small format stores, both Neighborhood Market and Walmart Express.
Walmart International grew annual net sales to $136.5 billion, an increase of 1.3 percent. On a constant currency basis,1 International net sales would have increased 4.6 percent to $140.9 billion.
Global eCommerce sales, including acquisitions, grew to more than $10 billion during fiscal 2014.
The company returned $12.8 billion to shareholders through share repurchases and dividends during the year. [Note: Please see separate release on dividend for fiscal 2015, dated Feb. 20, 2014.]
The company issued fiscal 2015 first quarter and fiscal year EPS guidance ranges of $1.10 to $1.20 and $5.10 to $5.45, respectively.
The following information was filed by Walmart Inc. (WMT) on Thursday, February 20, 2014 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
View differences made from one year to another to evaluate Walmart Inc.'s financial trajectory
Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were
removed , and by Walmart Inc..