Shares in Walmart have fallen 4% in premarket trade after its fourth-quarter earnings fell short of analysts’ predictions.
Adjusted earnings were $1.33 a share, below the $1.37 that analysts were expecting.
Revenue for the period rose to $136.3bn from $129.75bn a year ago.
US same-store sales increased by 2.6% compared to a 1.8% a year ago.
Doug McMillon, Walmart, president & CEO said: “we were pleased with most aspects of the quarter and confident in the foundational aspects of the business as we enter this new fiscal year”.
He said the company was accelerating innovation in the business to make shopping faster and easier for customers.
The international segment, which includes Asda, was making “steady progress”, McMillon said.