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    « Walmart Q1 Canadian Performance | Main | Walmart Response to Target »
    Friday
    Feb222013

    Walmart Q4 Results

    Walmart released Q4 results on Feb 21st 2013

    Below are the specifics for Walmart Canada,

    Doug McMillon, Walmart International President and CEO, Feb 21st Conference Call

     

    Walmart Canada faced a challenging quarter. Continued to grow share in measured categories in a slower overall market.

    Net sales +5% Operating income grew faster than sales
    Comp sales  -1.9% Strong comp sales in food, consumables and home lines. Softer sales in entertainment
    Average ticket +0.1%
    Traffic -2%

    Unseasonable weather impacted sales in hardlines and apparel
    Lower than anticipated boxing day sales due to challenges in the entertainment business
    Gross profit increased due to improved initial margins and lower markdown activity
    Expenses increased faster than sales primarily due to pre opening costs associated with the expansion program

    As of the end of Jan 2013:

    All Zellers store conversions are complete

    Zellers conversions 12 are supercentres and 27 are discount stores

    379 stores open, increased store base by 46 stores for the year

     Complete Q4 transcript is here

    Walmart Canada Performance Summary
    Period Period Ending Total Sales ∆ Ticket ∆ Comps Traffic ∆
    Q42013 Jan-13 5% 0.1% -1.9% -2%
    Q32013 Oct-12 4.9% 1.7% 0.7% -1%
    Q22013 Jul-12 3.8% 0.9% 0.5% -0.4%
    Q12013 Apr-12 7.1% 1.1% 3.7% 2.6%
    Q42012 Jan-12 4.1% 2.3% 1.1% -1.2%
    Q32012 Oct-11 4.9% 2.2% 0.9% -1.3%
    Q22012 Jul-11 5% 2.1% 1.2% -0.9%
    Q12012 Apr-11 4.4% 3.6% -0.6% -4.2%
    Q42011 Jan-11 4.8% 0.6% 0.4% -0.2%
    Q32011 Oct-10 4.6% -0.3% -0.4% -0.1%
    Q22011 Jul-10 4.2% 0.4% 0.0% -0.4%
    Q12011 Apr-10 4.9% 0.6% 1.0% 0.4%
    Q42010 Jan-10 2.6% -0.6% -1.1% -0.5%
    Q32010 Oct-09 5.2% 0.9% 1.2% 0.3%
    Q22010 Jul-09 5.8% 1.7% 0.6% -1.1%
    Source: Walmart Quarterly Investor Calls

     

     

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