Walmart annual revenue up almost 5%, net income up 12.6%

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Walmart reported fiscal-year revenue of $713.163 billion, a 4.7% increase, and net income of $21.893 billion, up 12.6%. The company’s fourth-quarter revenue reached $190.65 billion, while e-commerce sales grew 24% globally. Walmart anticipates future revenue growth between 3.5% and 4.5% for the ongoing fiscal year.

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