Walmart released its Q4 and FY22 earnings, revealing ups and downs as well as plans for FY23.
- The numbers: The total revenue for Walmart’s Q4 FY22 was $152.9b, up 0.5%. Comp sales grew 5.6% in Q4 with market share gains in grocery. eCommerce sales grew 1% in the U.S., 70% on a two-year stack. International net sales decreased 22.6%, or $7.9b.
- Marketplace: The guides for FY23 are in line with growth outlined last February, and share repurchases of at least $10b are planned for this next fiscal year.
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