Walmart Annual Report 2013 - 2013 Annual Report One mission...

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2013 Annual Report One mission:
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A history of delivering strong results $ 60B returned to shareholders through dividends and share repurchases (1) More than 123 % in free cash flow (1)(2) Increase of 59 % in earnings per share (1) Increase of (1) Data reflects five-year period from fiscal 2009 through 2013. (2) Free cash flow is a non-GAAP measure. Net cash provided by operating activities of continuing operations is the closest GAAP measure to free cash flow. Reconciliations and other information regarding free cash flow and its closest GAAP measure can be found in the Management’s Discussion and Analysis of Financial Condition and Results of Operations included in this Annual Report and on our website at . 10,700 More than retail units operated in 27 countries 75 % of U.S. store operations management joined Walmart as hourly associates Approximately 245M Approximately customers served weekly in our stores in 27 countries To learn more about Walmart’s business strategies and company mission, please visit our electronic report at . You’ll hear from management, associates and customers about our business. About the cover: Regardless of the market where we operate, the retail format or the website, Walmart serves customers with one core mission: to help people save money so they can live better.
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Walmart 2013 Annual Report || 1 To our shareholders, associates and customers Over the last few years, I’ve shared with you how we would build the “Next Generation Walmart” and serve the “Next Generation customer.” This came from a belief that the major trends shaping our world are also driving significant change in the retail landscape – the emerging global middle class, the faster adoption of mobile technology, rising energy prices and many others. At Walmart today, we have never had more clarity around what the world is going to look like, and what it will take to win with the customer we care so much about. We’ve developed and executed strategies that are delivering results, which I’ll highlight in this message. Just as important, however, are the key strategic areas where we are especially focused and accelerating. Financial results and key strategies Last year, Walmart delivered a really good financial performance. Our earnings per share increased 10.6 percent to $5.02. With the addition of $22 billion in net sales, we are now a $466 billion company. Our operating income was up 4.7 percent to $27.8 billion. We also grew free cash flow 18.1 percent to $12.7 billion. All of this enabled our company to return $13 billion to shareholders in dividends and share repurchases. In fact, Walmart shareholders enjoyed the best overall return in stock performance and dividends for our company this year than in more than a decade.
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  • Spring '14
  • Management occupations, Chief Executive Officer, Executive officer

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