In 2019, the company generated global net sales of approximately 514.4 billion U.S. dollars. These figures have grown considerably over the last few years; increasing about 2.9 percent in 2019 compared to the prior fiscal year. Walmart’s gross profit margin has remained steady at around 25 percent over the last several years. As of the 2019 fiscal year, the company operated more than eleven thousand stores throughout the world and this figure is more than likely to increase as the company continues to expand into emerging markets.
Walmart is predominantly broken down into three divisions: Sam's Club, Walmart International and Walmart U.S., with the latter generating the majority of the company’s earnings. Sam’s Club distinguishes itself in that it is a membership-only warehouse retailer, much like Costco. In 2019, the U.S. segment of Walmart alone generated over 331 billion U.S. dollars, which amounts to about 65 percent of total sales. Mexico is the single largest international market for Walmart, with 2,442 locations as of 2019.
For millions of consumers, Walmart is their main source for groceries, household items, clothing, and more. In 2018, Walmart saw about 275 million customer visits per week. Walmart also operates a successful e-commerce site which is especially busy around the beginning of the holiday season. While younger consumers tend to buy their groceries at Walmart, older adults are more likely to shop for clothes at Walmart. However, despite its price advantage and wide selection, Walmart has a lower customer satisfaction rate than the average supermarket in America.
