-
![Vriddhi Lead GIF]()
February 25, 2021
We’re doing everything we can to help strengthen our community of families, friends and associates.
TOKYO & BENTONVILLE, Ark., March 1, 2021 — KKR, Rakuten, Inc., (“Rakuten”) and Walmart Inc. (“Walmart”) today announced that KKR and Rakuten subsidiary, Rakuten DX Solution, have completed their previously announced share purchases in Seiyu GK (“Seiyu”) from Walmart.With the completion of the transactions, KKR owns a 65% stake in Seiyu, and…
BENTONVILLE, Ark., Feb. 25, 2021 — To drive higher vaccination rates in vulnerable communities by improving access to the COVID-19 vaccine, Walmart is creating a series of community events to administer the COVID-19 vaccine across the country. Centers for Disease Control and Prevention (CDC) is providing Walmart with allocation of the vaccine for…
BENTONVILLE, Ark., Feb. 25, 2021 — Walmart Inc. (NYSE: WMT) announced today that Brett Biggs, executive vice president and chief financial officer, will participate at the virtual Raymond James 42nd Annual Institutional Investors Conference Tuesday, March 2 at 11:40 a.m. EST and the UBS Global Consumer and Retail Virtual Conference Wednesday,…
Last week, Walmart reported record revenue after growing eCommerce sales 79% in the past year, and a big part of this success is due to a growing Marketplace business. Sellers are responding to our commitment to being the most trusted, transparent and fair…
Immediately following the tragic murder of George Floyd, we knew Walmart had to be part of the solution. As the largest employer in the country, which includes a workforce of approximately 300,000 Black and African American associates, we quickly focused…
Globally, people use about 1 trillion plastic bags a year, and each bag has a dismally short lifespan of as little as 12 minutes. Fewer than 10% of them are recycled in the U.S., and single-use plastic bags continue to be one of the top ten items found along beaches and waterways.…
BENTONVILLE, Ark., Feb. 19, 2021 — With the catastrophic storms, power outages and water shortages affecting Texas, Tennessee, Louisiana and Mississippi, Walmart, Sam’s Club and the Walmart Foundation are committing up to $1 million in cash and in-kind product donations to help with response efforts. As part of the commitment, funds will support…
Team - When I joined Walmart in 1993, one of the first things I learned working in the Garden Center at Store 100 in Bentonville, Arkansas, was that “Our people make the difference.” Today we’re releasing our FY21 results,…
BENTONVILLE, Ark., Feb. 18, 2021 — The Board of Directors of Walmart Inc. (NYSE: WMT) approved an annual cash dividend for fiscal year 2022 of $2.20 per share, an increase of approximately 2 percent from the $2.16 per share paid for the last fiscal year. The fiscal year 2022 annual dividend of $2.20 per share will be paid in four quarterly…
Annual revenue of nearly $560 billion resulted in $35 billion of growth; $40 billion of growth in constant currency.2 Q4 FY21 GAAP EPS of ($0.74); Adjusted EPS2 of $1.39. Decision to repay property tax relief in the U.K. lowered GAAP EPS and Adjusted EPS by $0.07; COVID-related costs were $1.1 billion in Q4. Walmart continues to build the next generation business model, investing in automation to fuel future sales and earnings growth. FY22 capital investments are expected to be nearly $14 billion to build supply chain capacity and automation to stay ahead of demand, improve the customer experience and increase productivity.
Using our strengths to make a difference
At Walmart, we’re committed to using our size and scale for good. Not just for our customers, or even our associates, suppliers, and their families, but also for the people in our communities and around the world that we will never meet. We’re proud to say that the work we do makes a real difference on the real issues that matter to all of us, and drives meaningful change in a way that no other company can.
Innovative thinking. Leadership through service. And above all, an unwavering commitment to saving people money. It’s what makes us the business we are today, and shapes the company we will be tomorrow. Sound like a lot of work? We’re just getting started.
We’re committed to nothing less than transforming the future of commerce. Building on our everyday low price model, we’re integrating online and in-store shopping for the next generation. It’s an approach that has delivered growth, leverage and returns for our shareholders.
A satisfied customer has always been our first priority, but it wouldn’t be possible without the thousands of businesses around the world that we’re proud to call Walmart suppliers. We work with these companies, along with NGOs and government leaders, to ensure that everything we sell is produced responsibly.