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Total revenue was $138.8 billion, an increase of $2.5 billion, or 1.9%. Excluding currency2, total revenue was $140.5 billion, an increase of $4.2 billion, or 3.1%.
"We had a good year, and I want to thank our associates for their great work and openness to change. They continue to inspire us as we strive to serve our customers better every day. Progress on initiatives to accelerate growth, along with a favorable economic environment, helped us deliver strong comp sales and gain market share. We're excited about the work we're doing to reach customers in a more digitally-connected way. Our commitment to the customer is clear - we'll be there when, where and how they want to shop and deliver new, convenient experiences that are uniquely Walmart."
President and CEO, Walmart
Walmart U.S. comp sales1 on a two-year stack of 6.8% is the strongest growth in 9 years.
Walmart U.S. eCommerce continued to benefit from the expansion of grocery pickup and delivery and a broader assortment on Walmart.com.
Sam's Club comp sales1 increased 3.3%3, and eCommerce sales grew 21%.
Net sales at Walmart International were $32.3 billion, a decline of 2.3%. Excluding currency2, net sales were $34.0 billion, an increase of 2.7%.
Adjusted EPS2 excludes the effects of two items:
•A charge of $0.17 due to an adjustment in the provisional amount related to Tax Reform
•An unrealized gain of $0.03 on the company's equity investment in JD.com
Total revenue was $514.4 billion, an increase of $14.1 billion, or 2.8%. Excluding currency2, total revenue was $515.1 billion, an increase of $14.8 billion, or 3.0%.
Walmart U.S. comp sales1 increased 3.6%. Grocery pickup and delivery are available in more than 2,100 and nearly 800 locations, respectively.
Walmart U.S. eCommerce sales increased 40%. Net Promoter Score and the company's Customer Value Index continue to improve.
The company generated $27.8 billion in operating cash flow and returned $13.5 billion to shareholders through dividends and share repurchases.
Adjusted EPS2 excludes the effects of three items:
•A charge of $1.54 related to the sale of a majority stake in Walmart Brazil
•An unrealized loss of $0.95 on the company's equity investment in JD.com
•A charge of $0.16 due to an adjustment in the provisional amount related to Tax Reform
Revenue (constant currency)2
Operating income (constant currency)2
February 19, 2019
The following information was filed by Walmart Inc. (WMT) on Tuesday, February 19, 2019 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.
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