Walmart's revenue in 2021 is $572.8 billion! E-commerce sales reached $73.2 billion!

Walmart released its 2021 fiscal year financial report ending in January 2022, which showed that Walmart's revenue in 2021 increased by 2.45% year-on-year to US$572.8 billion. Net profit was US$14 billion, an increase of 3.6% from US$13.5 billion in 2020.

From the market perspective, in 2021, the revenue of the US market increased by 6.3% year-on-year to US$393.2 billion, accounting for 69% of the total revenue. The revenue of the international market decreased from US$121.3 billion to US$101 billion, a decrease of 16.7%, accounting for 18% of the total revenue. The revenue of Sam's Club increased by 15.2% year-on-year to US$73.6 billion, accounting for 13% of the total revenue.

E-commerce sales increased by 11% year-on-year to $73.2 billion, but slightly lower than the forecast of $75 billion. In addition to local business, more than 20,000 suppliers and approximately 75 million new SKUs were added to the US market in 2021. Walmart invested $13 billion in equipment in 2021.

It is learned that Walmart Chairman and CEO Doug McMillon expressed his gratitude for the achievements in his speech to the company's shareholders, employees and customers. In addition, in the face of the severe situation of the epidemic and the world economy, he remains optimistic about Walmart in 2022.

Editor ✎Estella/

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