Walmart reports strong revenue growth of 5.7% with operating income growing faster at 30.4%; adjusted operating income up 13.2%

BENTONVILLE, Ark.--(BUSINESS WIRE)--Walmart Inc. (NYSE: WMT): Fourth-quarter highlights: Consolidated revenue of $173.4 billion, up 5.7%, or 4.9% (cc) Consolidated gross margin rate up 39bps due to improvement at Walmart U.S. Consolidated operating income up $1.7 billion, or 30.4%; adjusted operating income up 13.2%, positively affected by currency and LIFO of 2.3% and 1.0%, respectively Global eCommerce sales grew 23% Global advertising business grew approximately 33%, including 22% for Walmart ...