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Walmart Annual Report

In: Business and Management

Submitted By nrochee
Words 607
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As of 2012, Wal-Mart operates more than 10,000 retail units in 27 different countries. There are more than 2 million associates who serve 200 million customers and members every week. 2012 fiscal review for Wal-Mart delivered a strong financial performance. Net sales increased by 5.9 percent to $443.9 billion and consolidated operating income grew by 4 percent to $26.6 billion. Their diluted earnings per share from continuing operations attributes to Wal-Mart were $4.54 per share that is up from $4.18 the previous year. Wal-Mart’s strong financial position is best shown by their ability to grow. Wal-Mart added 52.2 million square feet through 1,160 additional units, including acquisitions in the U.K. and South Africa (Walmart, 2012).
Wal-Mart has made improvements in merchandising and operations and investing in lower prices. They did great job in closing the year with two quarters of positive sales, including positive end in the fourth quarter. Wal-Mart international delivered strong sales and remains the company’s primary growth engine. Having $125 billion in sales, it is among the three largest retailers in the world (Walmart, 2012). Walmart can serve the needs of all income based customers in high growth markets.
Sam’s Club, a subsidiary of Wal-Mart, continues to drive the sales momentum by increasing its sales to 8.4 percent in fiscal year 2012. Sam’s Club has also made progress in growing its membership base. It was key for growth this year (Walmart, 2012). Wal-Mart has become one of the best retailers in the world today. They have implemented measures to deliver value for their customers and shareholders this year and as well as years passed. Walmart has focused its energy on developing existing talent through their programs. Programs like their Business Leadership Series and the Walton Institute and Merchant Development. These programs are designed to

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