For immediate release

Walmart China Q2 Both Net Sales & Ticket Grow
FMCG Share in Hyper Increases for 14 Consecutive Quarters


August 19, 2016, Shenzhen - Walmart announced its Q2 quarterly financial report. Walmart business continues to grow in China, as the company expands footprint throughout the country. Walmart’s Q2 net sales in China grew over 2.3 percent with 5% comp average ticket increase. According to Nielsen, up to the end of June, the Company has gained FMCG market share year over year for 14 consecutive quarters in hypermarket channel. Meanwhile, Walmart’s market share growth in home appliances was faster than the market in the first half of 2016.


New stores continue to improve performance and Walmart continues to gain market share year over year in the hypermarket sector for the 14th consecutive quarter.

New stores continue to improve performance and Walmart continues to gain market share year over year in the hypermarket sector for the 14th consecutive quarter.

"We Operate for Less" initiatives continued to deliver results. Through store and DC productivity improvements, expenses grew at a slower rate than sales on an constant currency basis, Walmart China was able to leverage our expenses.

Walmart’s recently announced partnership with JD.com will expand opportunities in China enabling the Company to better serve consumers through a powerful combination of e-Commerce and retail. JD.com, being the leading online direct sales company and the country’s largest Internet business by revenue, has a complementary offering that will allow Walmart to deliver compelling shopping experiences that can reach significantly more customers. Walmart says the company is excited and optimistic about the future in China.dor. For more information, please visit http://www.walmartchina.com.