DePalo Foods Strombolis
Carr Valley Cheese - Taste the story of the most awarded cheese maker in the world
Walmart Reports Over 150 Billion Dollars in Sales in Quarter Four Financial Results; Doug McMillon Shares

Walmart Reports Over 150 Billion Dollars in Sales in Quarter Four Financial Results; Doug McMillon Shares


BENTONVILLE, AR
Monday, February 21st, 2022

Global retail chain Walmart released its recent Earnings Release for FY22 Q4. In it, the company reported it had an impressive Q4, revealing it had eclipsed $150 billion in net sales.

Doug McMillon, President and Chief Executive Officer, Walmart“We had another strong quarter to finish off a strong year,” said Doug McMillon, President and Chief Executive Officer. “We have momentum in our business in all three segments. We’re being aggressive with our plans and executing on the strategy. It’s exciting to see how the teams are simultaneously navigating today’s challenges and reshaping our business.”

Walmart noted in its report that the total revenue for its fourth quarter was $152.9 billion. The total revenue for the year reached $572.8 billion, a 2.4 percent increase compared to the prior year.

For the full fiscal year, the retailer saw significant growth in its omnichannel operations, reporting that United States e-commerce sales grew by 11 percent and 90 percent on a two-year stack.

Walmart recently revealed its fourth quarter financial results, announcing it has eclipsed $150 billion in net sales

This growth comes as the company works to successfully navigate higher supply chain costs and other pandemic-related challenges while continuing to execute its strategic initiatives.

To explore more of the recently released financial report, click here.

Deli Market News will keep an eye on the retail wire.

Walmart
Topics: