Walmart Inc. · NASDAQ:WMT
Walmart — Investor Day (October 2015)
17 slides from Walmart's investor day presentation, Oct 14, 2015
Slide 1: 22nd Annual Meeting for the Investment Community
# \YSEWMT 22nd Annual Meeting for the & _ Investment Community October 14, 2015 Walmart >)<
Slide 2: Charles Holley, Executive Vice President and Chief Financial Officer
Charles Holley Executive Vice President and Chief Financial Officer LLM
Slide 3: FY16 Guidance Scorecard Update
FY16 Guidance Scorecard Update Metrics Joist aera Score Sales growth** 1-2% ~Flat / ~3% KR of Operating expense > Sales > Sales Y Operating income growth < Sales < Sales Pd Free cash flow Strong Strong yY Notes: * Originally provided October 15, 2014, updated on February 19, 2015 ** Absolute growth
Slide 4: High Level Areas Of Focus
High Level Areas Of Focus a Strategic priorities ——\ an Financials ~— { What you will hear today: Today’s guidance will cover: e Win in the U.S. e Sales growth ~ Strengthen Supercenter format e Earnings Per Share - Optimize Neighborhood Markets ; e Cash generation ~ Add supply chain capabilities Use
Slide 5: Contributors To Sales Growth
Contributors To Sales Growth Adding $45-$60B over three years FY12 FY16E FY17E FY18E FY19E @ Walmart U.S. & International / Sam's Note: FY12 excludes FYI6E-FY19E not drawn to scale ICAGR from FY 16E to. idix for footnotes
Slide 6: Contributors To Sales Growth
Contributors To Sales Growth Adding $45-$60B over three years FY12 FY16E FY17E FY18E FY19E @ Walmart U.S. International/Sam's ™ eCommerce Note: FY12 excludes ICAGR from FY 16E to.
Slide 7: EPS Trends
EPS Trends $4.84 FY12 FY13 FY14 FY15 FY16E Note; All figures restated on a constant currency basis, pegged to FY16 rates. FYI6E not drawn to scale. NYSE:WMT Walmart >;<
Slide 8: EPS Trends
EPS Trends ee $4.84 $4.40 to Investments $4.68 94.70. S « Wage rate / store structure Foe oa ; Nee « Pricing of | | ee) $4.32 } I 6 to e eCommerce, including ! 12% online grocery | | | | | | FY12 FY13 FY14 FY15 FY16E =FY17E Note: FY16E-FY19E not drawn to scale. All figures restated on a constant cur
Slide 9: EPS Trends
EPS Trends 4.76 : $4.68 $4.70 fs : ! K N\ is 7 FON ee | | ae ts -N | | V/ I $4.32 6to \ i 12% | | | | | | FY12 FY13 FY14 FY15 FY16E FY17E FY18E FY19E Note: FY16E-FY19E not drawn to scale. All figures restated on a constant currency basis, pegged to FY 16 rates.
Slide 10: Sources And Uses Of Cash
Sources And Uses Of Cash Share repurchase Around S80B > cash generation over next 3 years Dividends Strong Balance Sheet and Cash Flow
Slide 11: Capital Expenditure Guidance
Capital Exoenditure Guidance Actual Guidance Guidance Guidance FY15 FY16 FY17 FY18/19 Walmart U.S. $6.3 $7.0 $6.2 Walmart International 3.5 35 3.0 Sam's Club 0.8 0.8 0.8 Total Segments $10.6 $11.3 $10.0 Corporate Support $1.2 $1.1 $1.0 ee $11.1 $11.5 eCommerce & digital $0.7 $0.9 Note: Values in bil
Slide 12: Returns To Shareholders — Dividends
Returns To Shareholders — Dividends Dividends have increased for 42 consecutive years $1.88 $1.92 $1.96 $1.46 3152 $1.21 FY11 FY12 FY13 FY14 FY15 FY16 — = Y
Slide 13: Returns To Shareholders — Share Repurchase
Returns To Shareholders — Share Repurchase $14.8 >$15B over three years f ; 1 $6.3 376 $6.7 FY12 FY13 FY14 FY15 FY16 YTD
Slide 14: Returns To Shareholders — Share Repurchase
Returns To Shareholders — Share Repurchase 2013 Program $6.4B $8.6B utilized remaining
Slide 15: Returns To Shareholders — Share Repurchase
Returns To Shareholders — Share Repurchase 2013 Program October 2015 Program $6.4B $8.6B utilized retired
Slide 16: FY17 Guidance
FY17 Guidance e Sales growth of $45-$60 billion over the next 3 years e EPS down 6-12% in FY17 but growing by 5-10% in FY19 e Strong free cash flow e Capital expenditures ~$11 billion per year e Share repurchase of $20 billion over 2 years
Slide 17: 22nd Annual Meeting for the Investment Community
# \YSEWMT 22nd Annual Meeting for the & _ Investment Community October 14, 2015 Walmart >)<