Food and Staples Retailing
Company Overview of Wal-Mart International
Wal-Mart International operates a chain of hypermarkets. It operates stores in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Germany, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico, and the United Kingdom. The company was founded in 1993 and is based in the United States. Wal-Mart International operates as a subsidiary of Wal-Mart Stores, Inc.
Key Executives for Wal-Mart International
Chief Executive Officer and President
Compensation as of Fiscal Year 2014.
Wal-Mart International Key Developments
Wal-Mart International Presents at Jefferies 2014 Global Consumer Conference, Jun-19-2014 11:30 AM
Jun 10 14
Wal-Mart International Presents at Jefferies 2014 Global Consumer Conference, Jun-19-2014 11:30 AM. Venue: The White Elephant Hotel, Nantucket, Massachusetts, United States. Speakers: Brett Biggs, Chief Financial Officer.
Wal-Mart International Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended January 31, 2014; Provides Capital Expenditure Guidance for the Fiscal Year 2015
Feb 20 14
Wal-Mart International reported unaudited earnings results for the fourth quarter and full year ended January 31, 2014. For the quarter, the company’s net sales were USD 37.674 billion against USD 37.826 billion a year ago. Operating income was USD 1.310 billion against USD 2.416 billion a year ago.
For the year, the company reported capital expenditure of USD 4.4 billion against USD 4.6 billion a year ago. Net sales were USD 136.513 billion against USD 134.748 billion a year ago. Operating income was USD 5.454 billion against USD 6.617 billion a year ago.
For the fiscal year 2015, the company expects capital expenditure to be in the range of USD 4.0 billion and USD 4.5 billion compared to previous guidance of USD 4.0 billion and USD 4.5 billion.
Wal-Mart International Announces Executive Changes, Effective from Feb. 1, 2014
Dec 11 13
Wal-Mart Stores Inc. announced that David Cheesewright, 51, will be promoted to president and CEO of Walmart International. Cheesewright, currently president and CEO of Walmart's Europe, Middle East and Africa (EMEA) and Canada region, will report to Doug McMillon, who was named on Nov. 25 to succeed Mike Duke as the company's president and CEO. Both assume their new roles on Feb. 1, 2014. Cheesewright's successor will be named at a later date. Cheesewright's career spans more than 25 years across the international retail and manufacturing sectors. His Walmart career began in 1999 at Asda, the company's UK operation, where he held leadership positions in operations, merchandising, logistics, and strategy and format development. He was the chief operating officer for both Walmart Canada and Asda before being named CEO of Walmart Canada.
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