Walmart posts record sales

Walmart reported record fourth-quarter and full-year revenue. Total Q4 revenue reached $152.1 billion, an increase of 7.3 percent. Walmart U.S. comp sales increased 8.6 percent, with e-commerce sales up 69 percent. Walmart International net sales were up 5.5 percent, driven by gains in Canada and Mexico. For the year, total revenue was up 6.7 percent and annual revenue of nearly $560 was up $35 billion. Comp sales for Walmart U.S. increased by 8.6 percent., while U.S. e-commerce sales grew 79 percent. Walmart International net sales increased one percent, or 5.2 percent in constant currency.