Home » Driven by core business and advertising, Walmart concludes 2023 with strong figures Driven by core business and advertising, Walmart concludes 2023 with strong figures Like Amazon, Walmart improved margins in 2023, thanks to a healthy core business, steady growth in e-commerce and leverage from advertising revenue. This strategy enabled the company to announce fresh strategic investments. Through Sophie Baqué. Published on 26 February 2024 à 13h41 - Update on 11 March 2024 à 11h15 Resources With a share price jumping by 20% in a year, taking capitalisation to US$473 billion, the world’s largest retailer by sales Walmart published annual figures on February 20, 2024 (financial year ending 26 January 2024). Total sales reached US$648.1 billion up 5.5% at constant exchange rates.… Sophie Baqué Read more Analyses Food retail: 6 charts to understand the financial health of the world's Top 10 in 2022