Wal-Mart Stores, Inc. (Walmart) reported fiscal year 2013 fourth quarter diluted earnings per share from continuing operations (EPS) of $1.67, a 10.6 percent increase compared to last year. Full year EPS were $5.02, also a 10.6 percent increase over last year. The company's quarter and full year performance benefited from a lower than expected effective tax rate. Last year's fourth quarter EPS were $1.51.
The company announced its annual fiscal year 2014 dividend of $1.88 per share, an 18 percent increase or $0.29 per share, over last year's dividend of $1.59 per share. [Note: Please see separate release on dividend dated Feb. 21, 2013.]
Walmart U.S. added more than $10 billion in net sales during fiscal year 2013, including approximately $4.7 billion in comp sales. For the fourth quarter, Walmart U.S. reported a 1.0 percent comp sales increase. Walmart U.S. gained market share1 in "food, consumables, health & wellness/OTC," as well as the entertainment categories and toys.
Walmart International grew net sales 7.4 percent to $135.2 billion for the year. On a constant currency basis2, net sales would have increased 7.8 percent to $135.7 billion.
Consolidated net sales reached $466.1 billion for the year, an increase of more than $22 billion, or growth of 5.0 percent.
All three operating segments and the total company leveraged operating expenses for the year.
Consolidated operating income was $27.8 billion for the full year, an increase of 4.7 percent over last year.
Walmart reported strong free cash flow2 of $12.7 billion for the 12 months ended Jan. 31, 2013, an 18.1 percent increase over last year.
Return on investment2 (ROI) for fiscal year ended Jan. 31, 2013 was 18.2 percent.
The company returned $13.0 billion to shareholders through dividends and share repurchases during fiscal year 2013.
Content will be erased after question is completed.