“You should be very proud of yourselves for the difference you make, as well as for the results you generated. I’m proud of you. Let’s keep the momentum going and make it a great year.”
— Doug McMillon, President and CEO
FY24 Q4 Quarterly Earnings Results
February 20, 2024
Message from Doug
Total revenue was $173.4 billion for the quarter and $648.1 billion for the full FY24 year.
eCommerce passed $100 billion in global sales for the first time this year, up 23% in Q4.
Walmart U.S.: Comp sales grew 4.0% in Q4 (excluding fuel).
Walmart International*: Net sales grew 13.0% in Q4 (constant currency).
Sam’s Club: Comp sales growth 3.1% in Q4, led by strength in food, consumables and health categories (excluding fuel).
Global advertising business**: Grew approximately 33% in Q4, with Walmart Connect up 22% in the US.
*For additional information regarding non-GAAP financial measures, click here.
**Our global advertising business is recorded either in net sales or as a reduction to cost of sales, depending on the nature of the advertising arrangement.
Earnings on Social
We just released our FY24 earnings results for Q4 and the full year. Our omnichannel approach is building momentum with full year total revenue reaching $648 billion and strong Walmart U.S. comp sales at 4.0% for the quarter. https://t.co/YgOfngjzBT $WMT pic.twitter.com/WmYByAndl2
— Walmart Inc. (@WalmartInc) February 20, 2024
Message from John David Rainey, Chief Financial Officer
Walmart Announces 3-for-1 Stock Split
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Sam's Club Launches New Digital Innovation
First-of-its-kind application of AI and computer vision technology enables seamless club exit.
A Glimpse Into the Future of Retail at Consumer Electronics Show
Our latest technologies will deliver a more convenient and enjoyable shopping experience for customers and members.
