Ecommerce sales of Walmart for fiscal 2020
During fiscal 2020, Walmart experienced sharp growth in its e-commerce sales and revenue. Over the past three years, the company has been investing in technology and perfecting its e-commerce capabilities. It also made a series of acquisitions aimed at growing its competitive advantage in online sales. Digital shopping trends have been strengthening over time leading to more and more US-based retailers investing in e-commerce. Other players like Target and Costco are also aggressively focusing on maximizing digital sales to grow their share of the revenue from e-commerce. Walmart’s e-commerce sales in fiscal 2020 grew to $35.9 billion compared to $25.1 billion in fiscal 2019. The net revenue of the company grew to $524 billion in 2020 from $514.4 billion in 2019.
|Segment/ecommerce sales approx. (billions)||2019||2020|
Ecommerce sales of Walmart (approximate) during the fiscal year 2019.
Amounts are in billions.
|FY2019Segment||3months endedApr. 2018 (Approx. values)||3 months endedJuly 2018 (Approx values)||3 months endedOct 2018. (approx values)|
|Total||$4.8 Bil.||$5.2 Bil.||$5.8 Bil.|
|FY2019Segment||6 months endedJuly 2018 (Approx values)||9 months endedOct 2018. (approx values)|
|Walmart International||$ 1.9||$3.4|
|Sam’s club||$ 1.2||$1.9|
|Segment||Full year Ecommerce sales|
In fiscal year 2019, Walmart US ecommerce sales have grown by around 40% and the company has projected growth of 35% for the next year.
Walmart US, which is the largest business segment of Walmart followed by ‘Walmart International’ and ‘Sam’s Club’ saw ecommerce sales of $3.2 Billion during the first 3 months of fiscal year 2019 and $6.6 Billion during the first half of the fiscal year. Its revenue from ecommerce channels during the first 9 months was $10.2 Billion.
In 2019, the revenue of Walmart has grown by 2.8% over the last year to $514.4 Billion. However, its free cash flow declined by $0.9 Billions to $17.4 Billion in 2019. During the first six months of fiscal year 2019 ‘Walmart US’ saw net sales of $160.1 Billion of which $6.6 Billion was from ecommerce. During the first nine months of 2019, walmart US had net sales of $241.15 Billion dollars of wich $10.2 Billion dollars were from ecommerce. Over the year, Walmart US has $15.7 billion in net sales from ecommerce channels. Walmart International had net sales of $6.7 billion from ecommerce channels and Sam’s club had net sales of $2.7 billion. Walmart’s total revenue from ecommerce reached $25.1 billion in fiscal 2019.
(Sources: Walmart form 10-Q, 10K and FY 19 fourth quarter earnings release.)