FY22 | Q3 Earnings Results

November 16, 2021

Message from Doug

Total revenue was $140.5 billion, an increase of 4.3%.

Walmart U.S.: Comp sales* grew 9.2%. U.S. eCommerce sales grew 8% for the quarter and 87% over the past two years.

Sam’s Club: Comp sales* increased 13.9%, and eCommerce sales grew 32%. Membership income increased 11.3%, the fifth consecutive quarter of double-digit growth.

Walmart International: Net sales were $23.6 billion, negatively affected by $9.4 billion related to divestitures. Flipkart, China, and Mexico delivered strong growth in eCommerce.

*For additional information regarding non-GAAP financial measures, click here.

Message from Brett Biggs, Chief Financial Officer