Walmart Has Strong Canadian Sales

Walmart’s fourth-quarter total revenue was a record $152.1 billion, an increase of $10.4 billion, or 7.3 per cent over last year. Its international net sales were $34.9 billion, an increase of 5.5 per cent. Net sales were led by Flipkart, Mexico, and Canada. Consolidated gross profit rate increased 29 basis points with positive contributions from each operating segment, led by the U.S.