Preview

Wal Mart Annual Report Analysis

Best Essays
Open Document
Open Document
31768 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Wal Mart Annual Report Analysis
EXECUTIVE OFFICERS
Eduardo Castro-Wright
Vice Chairman, Wal-Mart Stores, Inc.
M. Susan Chambers
Executive Vice President, Global People
Brian C. Cornell
Executive Vice President, President and
Chief Executive Officer, Sam’s Club

2 010
Financial Report
15

Five-Year Financial Summary

16

Management’s Discussion and Analysis of
Financial Condition and Results of Operations

30

Consolidated Statements of Income

31

Consolidated Balance Sheets

32

Consolidated Statements of Shareholders’ Equity

33

Consolidated Statements of Cash Flows

34

Notes to Consolidated Financial Statements

52

Report of Independent Registered Public Accounting Firm

53

Report of Independent Registered Public Accounting Firm on Internal Control Over Financial Reporting

Thomas M. Schoewe
Executive Vice President and
Chief Financial Officer

54

Management’s Report to Our Shareholders

55

Fiscal 2010 End-of-Year Store Count

H. Lee Scott, Jr.
Chairman of the Executive Committee of the Board of Directors

56

Corporate and Stock Information

Leslie A. Dach
Executive Vice President, Corporate Affairs and Government Relations
Michael T. Duke
President and Chief Executive Officer
Rollin L. Ford
Executive Vice President,
Chief Information Officer
Thomas D. Hyde
Executive Vice President, Legal, Ethics, and Corporate Secretary
C. Douglas McMillon
Executive Vice President, President and Chief Executive Officer,
Walmart International

S. Robson Walton
Chairman of the Board of Directors
Steven P. Whaley
Senior Vice President and Controller

14 Walmart 2010 Annual Report

107077_L01_FIN_02.indd 14

4/6/10 12:10:45 AM

2010 FINANCIAL REVIEW
Five-Year Financial Summary
(Amounts in millions except per share and unit count data)
As of and for the Fiscal Years Ended January 31,

2010

2009

2008

2007

2006

(1)

Operating Results
Net sales
Net sales increase
Comparable store sales in
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Analysis Of Walmart's Way Of Work
    • 285 Words
    • 2 Pages

    Analysis Of Walmart's Way Of Work

    Megan McArdle, the author of Walmart's Wage Experiment Works... for Workers, compares wage increases with different workforces at Walmart stores. McArdle provides the reader with ideas and questions like, "What happens if different stores did this?" and other questions relating to the effort needed to continue production if Walmart increased or the number of employees needed to fill the new workplaces. Claims like, "Paying higher wages has allowed Walmart to attract better workers, resulting in cleaner, nicer stores." Throughout the article, McArdle compares Costco's way of work with Walmart's and concludes that people living/working in rural(ish) areas generally make less money and have less workers, so "up"ing the wages would help those less…

    • 285 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Ratio Analysis of Wal Mart
    • 2498 Words
    • 10 Pages

    Ratio Analysis of Wal Mart

    Beginning with the import of machinery from Europe, L&T rapidly took on engineering and construction assignments of increasing sophistication. Today, the company sets global engineering benchmarks in terms of scale and complexity.…

    • 2498 Words
    • 10 Pages
    Good Essays
    Read More
  • Good Essays

    Woolworths Annual Report Analysis
    • 862 Words
    • 4 Pages

    Woolworths Annual Report Analysis

    As we all know Woolworths is one of Australia's largest supermarket operators. Woolworths supermarkets are everywhere in Australia. Is no exaggeration to say that more than half of Australian’s daily life cannot be separated from Woolworths. Every day people buy a lot of goods from Woolworths, such as food and other daily necessities. Woolworths is committed to providing better goods and services to consumers. Nevertheless, the customer still needs some other protective. Therefore I think the Australia consumer law should be applicable to the Woolworths.…

    • 862 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Walmart Economic Analysis Paper
    • 1020 Words
    • 5 Pages

    Walmart Economic Analysis Paper

    Organizational success in today’s market requires many different elements. One being able to respond to changes in the business environment. Economic indicators are what is used to indicate how the economy is doing. The Economics and Statistics Administration (ESA) releases 12 monthly and quarterly Principal Federal Economic Indicators collected by its constituent bureaus: the U.S. Census Bureau and the Bureau of Economic Analysis (BEA) (ESA Unknown). These indicators provide data about how consumers are financially spending their money. For Wal-Mart…

    • 1020 Words
    • 5 Pages
    Good Essays
    Read More
  • Good Essays

    Walmart's Economic Break Analysis
    • 755 Words
    • 4 Pages

    Walmart's Economic Break Analysis

    In Neil Irwin’s article “How Did Walmart Get Cleaner Stores and Higher Sales,” there is discussion on whether or not Walmart’s corporate decisions to increase wages, offer better opportunities, and better training are an impact on the greater wealth of the economy. An experiment brought on by Walmart executives after noticing a significant decline in sales as well as store appearances. Irwin, who reports on economics for a living, put together an interesting article basically explaining how Walmart went from disgraceful looking stores to sales increasing and store appearances improving. Interesting that it only took them decades.…

    • 755 Words
    • 4 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Walmart Facts Sheet: Business Research
    • 347 Words
    • 2 Pages

    Walmart Facts Sheet: Business Research

    - Walmart was constructed into a 3 product divisional structure. The successful world retailers business categories include Wal-Mart Stores (U.S.), Sam's Club (U.S.), and International stores. --> Works well as each division is open to focus its efforts on specific goals such as product, service or customers…

    • 347 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Rocky Mountain Chocolate Factory Audit 2
    • 1621 Words
    • 7 Pages

    Rocky Mountain Chocolate Factory Audit 2

    With the exception of Franklin Crail (co-founder of Rocky Mountain Chocolate Factory Inc.) and Bryan Merryman, the Board of Directors of Rocky Mountain Chocolate Factory Inc. is composed of entirely external/independent board members.…

    • 1621 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Stern Value Mangement Interview Vasishta Atmuri Presentation
    • 1975 Words
    • 32 Pages

    Stern Value Mangement Interview Vasishta Atmuri Presentation

    Ford Motor Company Valuation Business Case Stern Value Management Interview Vasishta Atmuri December 5, 2014 Ford Motor Co. Analysis| Stern Value Management Interview Introduction Ford Motor Co. manufactures and sells cars and is the sixth-largest car maker Stock Price in $ 20 1000000000 800000000 600000000 400000000 200000000 0 15 10 5 FINANCIAL…

    • 1975 Words
    • 32 Pages
    Satisfactory Essays
    Read More
  • Best Essays

    strategic analysis Wal Mart
    • 2258 Words
    • 7 Pages

    strategic analysis Wal Mart

    Cheng Yanfei, Zhang Yafeng. (2012). SWOT Analysis on the Supermarkets in China. Second International Conference on Business Computing and Global Informatization. IEEE.…

    • 2258 Words
    • 7 Pages
    Best Essays
    Read More
  • Powerful Essays

    Wal-Mart-analysis
    • 1976 Words
    • 8 Pages

    Wal-Mart-analysis

    Myspace.com is a SNS (social networking service) website which was founded in 2003. It was once the most visited social networking site in the world, and in June 2006 surpassed Google as the most visited website in the United States. It has been operating well with all its good features of music, games, videos and pop culture until early in 2008, when it was overtaken by Facebook in the number of unique worldwide visitors, and was surpassed in the number of unique U.S. visitors in May 2009. It had a significant influence in pop culture and music and created a gaming platform. Also, the site started the trend of creating unique URLS for companies and artists. With its once excellent performance and fame, Rupert Murdoch loved it very much, which led to the fact that Myspace was acquired by News Corporation in July 2005 for $580 million. However, since then with the poor managing strategies, wrong market positioning and News Corporation’s little help, the number of Myspace users has declined steadily in spite of several redesigns. After failure of changing top management for several times and leaving of its founders, Myspace was jointly purchased by Specific Media Group and Justin Timberlake for approximately $35 million in June 2011.…

    • 1976 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Best Essays

    Wal-Mart Case Analysis
    • 1941 Words
    • 8 Pages

    Wal-Mart Case Analysis

    Wal-Mart Stores ended its 2009 fiscal year with nearly $266 billion in sales at its Wal-Mart Stores, $47 billion at Sam’s Club, and $99 billion in its international locations. This represented an increase a substantial portion of market share that presented a challenge for competitors. Yet Wal-Mart at the same time was challenged to move forward with intense competition from its rivals, Target and Costco. Target was a slightly higher end option for Wal-Mart stores, and Costco was a Sam’s Club competitor that rivaled the bulk retail center with its club membership and low wholesale pricing. In addition, there were challenges with its size creating issues with speed and response, as well as becoming more vulnerable from competitors because of its larger visibility in the market. Attacks by labor unions targeting Wal-Mart’s employees created challenges, corporate responsibility and environmental issues were coming to the forefront, and there were also issues with how to successfully expand into international markets.…

    • 1941 Words
    • 8 Pages
    Best Essays
    Read More
  • Good Essays

    Walmart 2014 Annual Report Analysis
    • 915 Words
    • 3 Pages

    Walmart 2014 Annual Report Analysis

    Walmart’s 2014 annual report differs from most other company’s annual reports; as most annual reports are targeted to shareholders or future investors, Walmart focuses its annual report on shareholders, associates, and customers. What is also unique about Walmart’s annual report is that it includes information and data of its subsidiary, Sam’s Club. In its 2014 annual report, Walmart uses many strategies to effectively communicate its current success and future goals to its investors, customers, and associates. First, Walmart’s annual report features affirmative language paired with photographs of happy associates emphasizing employee satisfaction and dedication to the company and to customers; second, the report uses infinitive verbs on page headers and titles to emphasize Walmart’s confidence in its current success and future goals; and third, Walmart demonstrates its accelerated growth through its innovative e-commerce integration by using bold images and quotes along with graphically highlighted facts.…

    • 915 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Sony
    • 392 Words
    • 2 Pages

    Sony

    The Japanese consumer electronics giant, of the Universal film studios (us) combine even more complex layers of risk. It involved not only the cultural differences between a Japanese and an American company, but also the very different industry knowledge and traditions of Japanese electronics and American creative “movie”content, with their very different management styles, attitudes to risk and financial investment molds.…

    • 392 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Jollibee Fooods Corporation Philippines
    • 407 Words
    • 2 Pages

    Jollibee Fooods Corporation Philippines

    Jollibee Foods Corporation (JFC) was incorporated on January 28, 1978. JFC's principal business is the development, operation, and franchising of quick-service restaurants under the trade name "Jollibee". In the Philippines, JFC also has, as subsidiaries, Fresh N' Famous Foods, Inc., which develops, operates and franchises quick-service restaurants under the trade names "Chowking"; "Greenwich"; Red Ribbon Bakeshop, Inc., which develops, operates and franchises restaurants under the "Red Ribbon" trade name; Mang Inasal Phils., Inc. (MIPI), which develops, operates and franchises restaurants under the "Mang Inasal" trade name; and Perf Restaurants, Inc., which franchises restaurants under the "Burger King" trademark in the Philippines. JFC also has subsidiaries and affiliates overseas which develop and operate its international brands, "Yonghe King", "Hongzhuangyuan", "San Pin Wang" brands under the Super Foods Group, and most recently, "12 Sabu".…

    • 407 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Dutch Lady
    • 31283 Words
    • 274 Pages

    Dutch Lady

    NOTICE IS HEREBY GIVEN that the Fifty-First Annual General Meeting of the Company will be held at Atlanta Ballroom,…

    • 31283 Words
    • 274 Pages
    Good Essays
    Read More