Walmart key financial indicators outlook Q4 and 2024

Published by Statista Research Department, Mar 31, 2023
Walmart, the world's leading retailer, issued somewhat flat results for Q4 and the financial year 2024 in its latest financial update. The retailer forecast that the company's net sales is expected to grow by 4.5 to 5.0 percent, yet gross profit rate would decrease from 23.5 percent to 22.9 percent for the full financial year 2024.

Forecast key financial indicators of Walmart in Q4 and FY 2024

CharacteristicQ4 2023FY 2024*
Consolidated net sales growth (%) 7.4 4.5 to 5
Operating income (%) -5.5 3.5 to 4
Gross profit rate 23.5 22.9 (-83 bps)
Showing entries 1 to 3 (3 entries in total)

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Release date

February 2023

Region

United States

Survey time period

2022

Supplementary notes

* Forecast.

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