Walmart Inc. · NASDAQ:WMT
Walmart — Shareholder Meeting (2014)
39 slides from Walmart's shareholder meeting presentation, Aug 14, 2014
Slide 1: Walmart
Walmart 2 ><
Slide 2: Charles Holley, Chief Financial Officer
Charles Holley Chief Financial Officer, Wal-Mart Stores, Inc.
Slide 3: Walmart
Walmart 2 ><
Slide 4: 2.2M Total Walmart associates
2.2M Total Walmart associates Note: * Data reflects five-year period; including fiscal 2010 through 2014
Slide 5: 250M customers served weekly in 27 countries
2.2M Total Walmart associates 250M Customers served weekly in our stores in 27 countries Note: * Data reflects five-year period; including fiscal 2010 through 2014
Slide 6: The impact of your hard work
The impact of your hard work 2.2M Total Walmart associates 250M Customers served weekly in our stores in 27 countries Note: * Data reflects five-year period; $68B * Net sales growth over including fiscal 2010 through 2014 the past five years
Slide 7: The impact of your hard work
The impact of your hard work 2.2M Total Walmart associates 250M More than $50B * Increase in market value Customers served weekly in our stores in 27 countries Note: * Data reflects five-year period; $68B * Net sales growth over including fiscal 2010 through 2014 the past five years
Slide 8: The impact of your hard work
2.2M Total Walmart associates 250M More than $50B Increase in market value Customers served weekly in our stores in 27 countries $68B * Net sales growth over the past five years
Slide 9: Slide 9
Slide 10: $473 Billion net sales
Fiscal year 2014 results total company Net Sales $473 ($ Billions) . 4 % AGR3 -y r C 5 $405 FY10 FY11 FY12 FY13 FY14 $473 BILLION!
Slide 11: Fortune 2014 Walmart
al, 2014 1 Walmart >,< FORTUNE
Slide 12: $28 Billion operating income
Fiscal year 2014 results total company (underlying) Operating Income * ($ Billions) * $28 4 . 1 % AGR -y r C 5 $24 FY10 FY11 FY12 FY13 FY14 * These are non-GAAP measures! and a reconciliation for them can ! be found at www.stock.walmart.com $28 BILLION! *
Slide 13: Earnings per share $5.11
Fiscal year 2014 results total company (underlying) Earnings Per Share $5.11* * . 8 % C AG R8 5-y r $3.73 FY10 FY11 FY12 FY13 FY14 * These are non-GAAP measures! and a reconciliation for them can ! be found at www.stock.walmart.com $5.11 *
Slide 14: Non-GAAP measures note
* These are non-GAAP measures! and a reconciliation for them can ! be found at www.stock.walmart.com
Slide 15: 140M customers per week
Our entire business contributes to growth 140M customers per week
Slide 16: Our entire business contributes to growth
Our entire business contributes to growth ($ Billions) $279 $260 $22 $19 FY10 FY11 FY12 FY13 FY14 Sales Operating Income
Slide 17: Our entire business contributes to growth
Our entire business contributes to growth
Slide 18: Our entire business contributes to growth
Our entire business contributes to growth ($ Billions) $57 $2.0 $48 $1.5 Sales Operating Income
Slide 19: Our entire business contributes to growth
Our entire business contributes to growth 5-yr growth 19% sales growth 20% profit growth
Slide 20: 100M+ customers per week
Our entire business contributes to growth 100M+ customers per week
Slide 21: Our entire business contributes to growth
Our entire business contributes to growth ($ Billions) $137 $6* $97 $5 * These are non-GAAP measures! Sales Operating Income and a reconciliation for them can ! be found at www.stock.walmart.com
Slide 22: Integration of digital & physical
Integration of digital & physical
Slide 23: Integration of digital & physical
Integration of digital & physical
Slide 24: Integration of digital & physical
Integration of digital & physical
Slide 25: Integration of digital & physical
Integration of digital & physical Nearly 1/3 of WMT’s YOY growth Net sales growth of 30%
Slide 26: Cash is king
CASH IS KING
Slide 27: FY14 Cash earned and cash returned
FY14 Cash earned and cash returned Cash flow from ops $23B Sources of cash
Slide 28: FY14 Cash earned and cash returned
FY14 Cash earned and cash returned + Sales Cash flow - Inventory from ops - Associate wages and benefits $23B - Other expenses Sources of cash
Slide 29: FY14 Cash earned and cash returned
FY14 Cash earned and cash returned $26B Debt $3B Cash flow from ops $23B Sources of cash
Slide 30: FY14 Cash earned and cash returned
FY14 Cash earned and cash returned $26B Grow the business Debt $3B • Stores and clubs • Technology Cash flow • Acquisitions from ops CapEx $23B $13B Sources of cash Uses of cash
Slide 31: Growth through innovation
Growth through innovation Integration of Digital & Physical / Formats Global Expansion Growth U.S. Expansion Time
Slide 32: FY14 Cash earned and cash returned
FY14 Cash earned and cash returned $26B $26B Debt $3B ? Cash flow $13B from ops CapEx $23B $13B Sources of cash Uses of cash
Slide 33: $6.1 Billion paid in dividends in FY14
$6.1Billion paid in dividends in FY14
Slide 34: Returns to shareholders remain a top priority
Returns to shareholders remain a top priority ($ Billions) $6.1 C AG R 1 0 -yr $5.4 14. 6% $5.0 $4.2 $4.4 $3.6 $3.7 $2.5 $2.8 $2.2 Dividends
Slide 35: Returns to shareholders remain a top priority
Returns to shareholders remain a top priority ($ Billions) $14.8 $6.7 in share repurchases $7.7 $7.3 $6.3 $7.6 $6.7 $3.5 $4.5 $3.6 $1.7 $2.2 $2.5 $2.8 $3.6 $3.7 $4.2 $4.4 $5.0 $5.4 $6.1 Dividends Share Repurchases
Slide 36: Returns to shareholders remain a top priority
Returns to shareholders remain a top priority ($ Billions) $14.8 $100 over last 10 years $7.7 $7.3 $6.3 $7.6 $6.7 $3.5 $4.5 $3.6 $1.7 $2.2 $2.5 $2.8 $3.6 $3.7 $4.2 $4.4 $5.0 $5.4 $6.1 Dividends Share Repurchases
Slide 37: Walmart
Walmart 2 ><
Slide 38: Sam Walton quote
“ I have always been driven to buck the system, to innovate, to take things beyond where they’ve been. ” - Sam Walton
Slide 39: Walmart
Walmart 2 ><