Walmart’s momentum accelerates in fiscal ’23

BENTONVILLE, Ark. — Walmart cited broad-based strength across its global segments in posting revenue growth of 7.3% in its fiscal year ended January 31. The company posted fiscal 2023 net income of nearly $11.7 billion, down 14.6% compared with the previous fiscal year. For the current year, through January 2024, Walmart is forecasting a same-store