Walmart U.S. delivers three consecutive months of positive same store sales.FY12 capital expenditures, including acquisition-related expenditures, will range from $13 to $14 billion.
FY13 capital expenditures are expected to be flat with updated FY12 guidance.
New stores will add between 45 and 49 million square feet worldwide next fiscal year.
Walmart plans to grow next year's sales by 5 to 7%.
Walmart will leverage operating expenses for the current fiscal year and will reduce operating expenses as a percentage of sales by more than 100 basis points over the next five years.
International investment continues to prioritize growth of emerging markets.
In addition, speaking at the company's annual meeting for the investment community, Bill Simon, president and chief executive officer for U.S. stores, said the company plans to open new stores in areas in which it already has medium to high market-shares, including Tulsa, Oklahoma City, Baton Rouge and Dallas-Fort Worth.
"The choice is to cannibalize ourselves or get eaten up by someone else, and we've determined we need to build a competitive number of stores in some of our strong markets to retain our share," Simon said.
Walmart said it plans to open approximately 120 large-format stores in fiscal 2012 and 130 to 135 in 2013 compared with 153 this year; between 25 and 30 medium and small format stores next year and 80 to 100 more in 2013, compared with one this year; and 8 to 10 Sam's Clubs next year and 10 to 15 more in 2013 compared with nine this year.
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