Walmart 2016 Annual Report Download - page 11

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you can fulfill your potential here. We believe in opportunity and
that hard work, dedication and talent should be rewarded.
We will also shape global systems using our size, mindset and
policies and help make the world a better place. We create
opportunity throughout our global supply chain – on farms and
in factories, by buying more from women-owned businesses, by
hiring veterans and by strengthening the retail industry workforce.
We also work to be more sustainable, both in our own operations
and in our supply chain. We have three big goals: creating zero
waste, running on 100 percent renewable energy and selling
products that sustain people and the environment. And we give
back to the communities we serve – supporting American
manufacturing, preparing for and responding to natural disasters
and fighting hunger. Customers can be proud to shop at Walmart.
When you put it all together, we’ll enable customers around the
world to save money and time, so they can invest more of both in
the things they love. And we’ll help make the world a better place
one community at a time.
We will win with a differentiated, disruptive strategy and a
foundation of operational excellence. As we do, we believe
shareholders will benefit by receiving above-average returns.
We have a continued commitment to our
shareholders that we’re very proud of. Last
year, we were able to return more than
$10 billion to shareholders through
dividends and share repurchases. This year,
we announced a dividend increase to $2.00
per share, marking the 43rd consecutive
year of dividend increases for Walmart.
Although this will be another year of
foundational investments, we believe we
will soon be growing faster than the retail
market. We are a growth company; we just
happen to be a large one.
The road ahead will not always be easy, but by being customer-
focused, hungry, fast and accountable, we will win and have a
good time doing it.
Thank you for your continued interest in our company. It’s an
incredible time to be a part of Walmart.
Sincerely,
2.3 MILLION
ASSOCIATES
$4560
BILLION
3-YEAR PROJECTED
SALES GROWTH*
* Projected net sales growth on a constant currency basis for fiscal
years 2017-2019.
~11,530
STORES WORLDWIDE
$
10.4
BILLION
DIVIDENDS/SHARE REPURCHASES
16 WEBSITES
IN 11 COUNTRIES
9Only Walmart