Walmart: Releases Q4 and FY-2024 Earnings

Bentonville / AR. (wama) Walmart Inc. published its financial statements for the fourth quarter of fiscal 2024, that ended in Bentonville on December 31, 2023. «Our team delivered a great quarter, finishing off a strong year. We crossed USD 100 billion in eCommerce sales and drove share gains as our customer experience metrics improved, even during our highest volume days leading up to the holidays. We’re proud of the team and excited about building on our momentum as we work to bring prices down for our customers and members,» says President and CEO Doug McMillon in the company’s statement: «We are redefining convenience, which is building customer engagement and trust. We are growing our competitive advantages through investments in people-led technologies. We are deploying our capital toward highest returns, using automation to build better experiences for our customers, members and associates.» John David Rainey, Executive Vice President and Chief Financial Officer, adds in the same statement: «The team’s strong execution and financial results of FY-2024 reflect our ability to reshape our business model. We are investing in our people and global platform to position us to drive profitable growth in the years ahead.» For additional information please read the company’s PDF file below (554 KB).