Home / Knowledge / News / Apparel/Garments / E-commerce sales at Walmart US hike 40% in FY19

E-commerce sales at Walmart US hike 40% in FY19

Feb '19
Pic: Walmart USA
Pic: Walmart USA
The e-commerce sales during fiscal 2019 at Walmart US soared 40 per cent, driven by Net Promoter Score and the continuous improvement in Customer Value Index. For full-year 2019, total revenue was $514.4 billion, an increase of $14.1 billion, or 2.8 per cent. Excluding currency, total revenue was $515.1 billion, a rise of $14.8 billion, or 3 per cent.

During the fourth quarter of fiscal 2019, total revenue was $138.8 billion, an increase of $2.5 billion, or 1.9 per cent. Excluding currency, total revenue was $140.5 billion, an increase of $4.2 billion, or 3.1 per cent. Net sales at Walmart International were $32.3 billion, a decline of 2.3 per cent. Excluding currency, net sales were $34.0 billion, an increase of 2.7 per cent. Walmart US comp sales was on a two-year stack of 6.8 per cent, strongest growth in 9 years.

"We had a good year, and I want to thank our associates for their great work and openness to change. They continue to inspire us as we strive our customers better every day. Progress on initiatives to accelerate growth, along with a favourable economic environment, helped us deliver strong comp sales and gain market share. We're excited about the work we are doing to reach customers in a more digitally-connected way. Our commitment to the customer is clear- we'll be there when, where and how they want to shop and deliver new, convenient experiences that are uniquely Walmart," Doug McMilon, Walmart CEO and president.

For fiscal 2020, the company sees comp sales growth between 2.5 per cent to 3 per cent. With the acquisition of Flipkart, Walmart expects 3 per cent rise in its consolidated net sales in constant currency. Walmart US e-commerce net sales is likely to grow at around 35 per cent.

In FY19, the company launched new features for the Walmart.com Marketplace, including free two-day shipping on millions of new items and the ability to return marketplace items in stores. It also acquired majority stake in Flipkart Group, India’s leading e-commerce business. (RR)

Fibre2Fashion News Desk – India

Interviews View All

Sanjay Yagnik, Maa Tex Speciality

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Representatives, Textile & apparel industry

Textile & apparel industry

GST is a complicated and lengthy process

Headhonchos, Indian fashion industry

Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Mirella Sardini,

Mirella Sardini

A leading manufacturer of automated machinery and equipment for the...



Italtex is a leading studio publishing fabric trend-books since 1959....

Nitesh Mittal,

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Silke Brand-Kirsch, Schlegel und Partner GmbH

Silke Brand-Kirsch
Schlegel und Partner GmbH

<div>Schlegel und Partner is the market research and consultancy company...

Isabel Herranz, European School of Business & innovation

Isabel Herranz
European School of Business & innovation

Cutting-edge ideas like the Internet of Things and artificial intelligence ...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sneha Arora, Label Sneha Arora

Sneha Arora
Label Sneha Arora

Sneha Arora, an alumnus of National Institute of Fashion Technology,...

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

December 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search