Bonuses are a portion of nearly $207 million earned nationwide in Q4 store performance-based cash bonuses

Today, more than 912,000 Walmart U.S. associates will receive a share of nearly $207 million in cash bonuses, as the company experienced a strong 4.2 percent fourth quarter comp sales growth. Associates are receiving their bonuses in paychecks received March 7. In Florida, associates will be awarded approximately $16.3 million for fourth quarter performance.

“Our Florida associates work hard every day to put a smile on our customers’ faces and make sure their shopping experience at Walmart exceeds their expectations,” said Jaime Fernandez, regional general manager for Walmart in South Florida. “Providing a pleasant and convenient customer experience in-store and online is our top priority, and that begins with our associates. We are thrilled to be rewarding their service with another round of well-deserved bonuses.”

Quarterly bonuses are part of an overall incentive plan designed to reward associates whose stores achieve sales and customer service goals. Both full- and part-time associates are eligible for cash bonuses based on store performance.

For the full fiscal year, Walmart U.S. associates received nearly $800 million in store performance-based bonuses. In Florida associates shared more than $65.5 million in store performance-based bonuses for the full fiscal year.

About Walmart in Florida

Walmart Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online and through their mobile devices. In Florida, we serve customers at 386 retail units and online through Walmart Online Grocery, Walmart.com and our family of brands. We are proud to employ 107,448 associates in Florida. Walmart supports local businesses, spending $7.7 billion with Florida suppliers in FYE18 and supporting 110,430 Florida supplier jobs. Walmart continues to be a leader in employment opportunity, sustainability, and corporate philanthropy. In FYE18, Walmart and the Walmart Foundation contributed more than $81.9 million in cash and in-kind donations to local nonprofits in Florida and our Florida associates volunteered more than 53,900 hours with local causes. Additional information about Walmart can be found by visiting our corporate website and our Instagram, Facebook and Twitter channels.