Walmart 2015 Annual Report Download - page 6

Download and view the complete annual report

Please find page 6 of the 2015 Walmart annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 68

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68

Delivering an improved
shopping experience
In fiscal 2015, Walmart U.S. delivered a 3.1 percent increase in net
sales to $288 billion. Comp sales growth of 0.6 percent included
more than 6 percent growth in our Neighborhood Market format.
Operating income declined 2.1 percent to $21.3 billion, due primarily to
increased health-care costs. We improved sales and operating income
trends each consecutive quarter in fiscal 2015. Our new leadership
team, led by Greg Foran, is focused on improving our customer
experience through assortment, price and access.
Enhancing the customer experience
We’re focused on exceeding our customers’ expectations by strengthening
the shopping experience. We’ve expanded the Checkout Promise to
provide a faster checkout experience, with more lanes available during
peak hours and weekends. In February, we announced an array of
changes for associates and a bold new approach to our jobs. These
changes to training, scheduling and pay will lead to expanded career
opportunities and increased wages for hundreds of thousands of
42015 Annual Report