Wal-Mart' record sales
Wal-Mart has reported that net sales for the fiscal year to 31 January 2009 were USD401.244 billion, an increase of 7.2% over fiscal year 2008.
Income from continuing operations
increased 3.0% to USD13.25 billion, up from USD12.86 billion in the
prior year. Company record free cash flow of USD11.6 billion and
great inventory management. Wal-Mart created approximately 63,000
jobs worldwide this year, including more than 33,000 in the United
States. In addition, Wal-Mart remains well-positioned to continue to
serve its customers in a challenging environment because of its
strong price leadership. In the US, the Wal-Mart division saw sales
climb by 6.8% to USD255.74 billion, with Sam’s Club generating
sales of USD46.854 billion, up by 5.6%. The International division
posted sales of USD98.64 billion, an increase of 9.1%.
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