Walmart's (WMT) Walmart International Chief Executive Kath McLay said Wednesday at an investment meeting that the business unit is on track to meet its goal of reaching $200 billion in gross merchandise value, or GMV, as well as doubling profits and digital mix, by 2028, according to a company statement.
Walmart International's net sales rose 9.1% and operating income increased 17% in constant currency over the past fiscal year, the company said.
At the same event, Sam's Club US Chief Executive Chris Nicholas said Sam's Club US aims to double membership over the next eight to 10 years, and "as a result, more than double sales and profit," according to the statement.
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