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Revenue of fiscal year 2021 was $559.151 billion, net profit decreased by 9.8% on a year-on-year basis From Wal-Mart

The following is the Revenue of fiscal year 2021 was $559.151 billion, net profit decreased by 9.8% on a year-on-year basis From Wal-Mart recommended by recordtrend.com. And this article belongs to the classification: Enterprise financial report, Investment & Economy, Electronic Commerce.

Wal Mart, February 18, 2021( WMT.US )In the fourth quarter of fiscal year 2021, the revenue was US $152.079 billion, up 7.3% from US $141.671 billion in the same period of last year; the net loss was US $2.008 billion, with net profit of US $4.294 billion in the same period of last year; the net loss attributable to the parent company was US $2.091 billion, with net profit of US $4.141 billion in the same period of last year; The diluted loss was $0.74 per share, compared with earnings of $1.45 per share in the same period last year.

In the fourth quarter, same store sales in the United States increased by 8.6%, and e-commerce sales increased by 69%.

Sam’s club’s same store sales increased by 10.8%, and its e-commerce sales increased by 42%; the decrease in tobacco sales had a negative impact on its total sales of about 410 basis points; and member income increased by 12.9%.

In 2021, the company’s revenue was $559.151 billion, up 6.7% year on year; its net profit was $13.706 billion, down 9.8% year on year; its net profit attributable to its parent company was $13.51 billion, down 9.2% year on year; and its diluted earnings per share was $4.75, down 5.19 in the same period last year.

In addition, the company has approved a new $20 billion share repurchase plan. Looking forward to the 2022 fiscal year, the company expects the same store sales in the United States to show low single digit growth, and the earnings per share and net sales will decline.

Shopsavvy: Wal Mart’s price is cheaper than Amazon’s – information chart Wal Mart: 53% of the traffic on Thanksgiving in 2013 came from mobile emarketer: Wal Mart surpassed apple to become the third largest online retailer in the United States A year-on-year decrease of 5% Ministry of Commerce: China’s department store retail industry development report 2017-2018 (Chinese version) emarketer: Wal Mart is expected to account for 4.0% of the U.S. online retail market share in 2018 About US $20.91 billion marketplacepulse: review and trend report of Amazon platform in 2018 financial data of Alibaba’s latest prospectus Huang Zheng holds nearly 17% shares in Tencent, the major shareholder. Amazon: 1q20 net sales of $75.5 billion, a year-on-year increase of 26%. Alibaba: 4q20 net sales of $114.31 billion, a year-on-year increase of 22%. Mushroom Street: 3q20 net loss of $234.8 million, a year-on-year increase of 37.7 times. Zhongtong express: 2q20 net sales of $6.402 billion, a market share increase of 21.5%. Amazon: 4q20 net sales of $125.6 billion, Bezos will resign as CEO

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