Our Business

WHAT DID WE ACHIEVE TOGETHER?
Move from transactions to relationships. We built meaningful connections that provide solutions and generate value for all our stakeholders.
6 million
customers shop daily in
our stores in Mexico
and Central America
Our ambition
to become a
Regenerative
Company
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MESSAGE FROM THE CHAIRMAN OF THE BOARD OF DIRECTORS AND FROM THE PRESIDENT AND CHIEF EXECUTIVE OFFICER

We would like to begin this message with a sincere thank you to our associates, customers, suppliers and other stakeholders. Once again, in 2022 we proved that TOGETHER we are stronger: we continued to serve our customers and members, and our purpose of helping people save money so they can live better mattered more than ever. This was, without a doubt, a good year for us.

Relevant Figures

WIN IN DISCOUNT
100 bps
self-service price gap
expansion in Mexico
80 bps
increase in Private Brands penetration in Mexico
260 bps
increase in Private Brands penetration in Sam’s Club
200 bps
increase in Private Brands penetration in total self-service in Central America
LEAD IN OMNICHANNEL
17%
eCommerce sales
growth in Mexico
19%
GMV growth Mexico
~1,000
On Demand stores in Mexico
72%
increased the number of SKUs (Stock Keeping Unit) in Extended Assortment
Ecosystem of Choice
5.6 million
Active Bait users
5.4 million
Cashi users
1 million
customers collect remittances through our network
+4,500
Omnichannel campaigns
 in Walmart Connect
Enablers
6 million
customers shop in our
stores every day
5 million in Mexico
1 million in Central America
+1.5 billion
pesos saved in Mexico through Smart Spending project
32
distribution centers
21 in Mexico
11 in Central America
233,594
Associates
196,572 in Mexico
37,022 in Central America
Financial
819.2 billion
pesos consolidated revenue
11.3% growth
11.0%
consolidated net income growth
79.8 billion
pesos cash generation
9.6% growth
20.2%
Return on Invested Capital (ROIC)
OPPORTUNITY
40,887
suppliers in the region in Mexico and Central America
83.49%
of goods sold in Central America are purchased in the region 89.12% in Mexico
27,773
associates promoted, 55% were women in Mexico and Central America
6,313
jobs created in Mexico and Central America
SUSTAINABILITY
77.37%
progress in our zero waste goal in Mexico and Central America
475.37
tons of virgin plastic eliminated in 2022, in Mexico
100%
of canned tuna with
  MSC certification in Mexico
54.57%
of total electricity
consumption comes from renewable energy in Mexico and Central America
COMMUNITY
2,491 million
pesos channeled to social impact programs in Mexico and Central America
1,956,925
beneficiaries in Mexico and Central America
38,547.54
tons of food donated in Mexico and Central America
117
foodbanks supported in Mexico and Central America
ETHICS AND INTEGRITY
-7.31%
reduction of associates
accidents in Mexico and Central America
21,051
hours of training on our Code of Conduct in Mexico and Central America
36%
of the Members of the Board are women
45%
of the Members of the Board are independent
DOWNLOAD OUR 2022 RELEVANT FIGURES

OUR
STRATEGY

Strategic priorities and enablers that accelerate growth
STRATEGIC PRIORITIES
STRATEGIC
PRIORITIES
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LEAD IN
OMNICHANNEL
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ECOSYSTEM
OF CHOICE
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habilitadores
CUSTOMER
CENTRICITY
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SUPPLY
CHAIN
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TECHNOLOGY
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BEST
TALENT
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Regeneration and Trust
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Every Day
Low Prices

flywheel

Our core business, the stores, is strong and is fueling the ecosystem, while the new businesses we create drive customer loyalty and reinforce the core business so that it grows, strengthens and remains resilient.
Our strategy is summarized by this flywheel of capabilities and assets that mutually reinforce each other
Our flywheel places
the customer at the center

REGENERATIVE COMPANY

Doug McMillon
President and CEO of Walmart Inc.
In 2020, we made public
our ambition to become
a Regenerative Company
“I am committing Walmart to become a Regenerative Company, one dedicated to placing nature and humanity at the center of our business practices
Regenerating means restoring, renewing and replenishing in addition to conserving. It means decarbonizing operations and eliminating waste along the product chain. It means adopting regenerative practices in agriculture, forest management and fisheries while advancing prosperity and equity for customers, associates and people who participate in our product supply chains. And, working with our suppliers, customers, NGOs and others, we hope to play a part in transforming the world’s supply chains to be regenerative.”
Regenerative Company Pillars
We are aware of our commitment to society and the planet. Becoming a Regenerative Company is the most solid path to take actions to maintain, restore, conserve and regenerate the well-being of nature and humanity. Therefore, during 2022 we continued with our ambition to become a Regenerative Company by 2040, placing nature and humanity at the center of our decisions through our four pillars: opportunity, sustainability, community, and ethics and integrity.
ETHICS AND INTEGRITY
Our operating model is based on transparency and integrity in everything we do to maintain stakeholder trust.
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OPPORTUNITY
We develop opportunities for our associates and suppliers, in order to contribute to improve their quality of life.
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COMMUNITY
We create value in the communities where we operate through programs that help them thrive, providing access to products and services at the lowest, safest, and highest quality prices.
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SUSTAINABILITY
We work on three environmental priorities: Climate Change, Circular Economy and Natural Capital to design strategies that translate into concrete actions to conserve and recover our ecosystems and natural resources.
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We are aware of our commitment
we have with society and with the planet
ociety and with the planet