The Numbers Don't Lie: Wal-Mart Earnings Preview

The video discusses Walmart's financial outlook, highlighting CEO Doug Mcmillon's expectation of flat income for the next fiscal year. It examines Walmart's competition with Amazon, noting a decline in annual revenue and a need to enhance its online presence. The company aims to boost online sales through strategic acquisitions like jet.com and jd.com. Walmart's grocery business, which constitutes a significant portion of its US revenue, is seen as a key driver for in-store traffic. The company is focusing on improving existing stores rather than opening new ones to maintain its status as the world's largest retailer by revenue.

What did Walmart's CEO Doug Mcmillon predict about the company's income for the next fiscal year?

• It will significantly increase.

• It will be relatively flat.

• It will decrease by 10%.

• It will double.

How much did Walmart's online sales grow last quarter compared to the previous year?

• 12%

• 16%

• 25%

• 30%

What is the expected growth rate for Walmart's online sales this year?

• 10-15%

• 20-30%

• 5-10%

• 30-40%

What percentage of Walmart's US revenue comes from its grocery business?

• 56%

• 70%

• 40%

• 30%

What is Walmart's strategy regarding new store openings?

• Opening more stores rapidly

• Focusing only on online sales

• Slowing down new openings

• Closing existing stores