Retail major Wal-Mart has reported consolidated net sales of $466.1bn for the 2013 fiscal year, ended 31 January 2013.

The sales represent a 5% increase over those in the corresponding period of 2012 fiscal; the net sales included $4bn in acquisitions and $4.5bn impact of currency fluctuations

Net sales from international markets grew by 7.4% to $135.2bn for the fiscal 2013, year-on-year.

The retailer also posted an 8.3% growth in profits to $ 16.9bn.

Wal-Mart stores president and chief executive officer Mike Duke remarked that company had a strong end to the fourth quarter culminating in the overall healthy figures for the year.

"Every day, our associates around the world deliver on our mission to help customers save money so they can live better. Together, we added $22 billion in sales to top $466 billion.

"Walmart U.S. was a key driver of our five percent net sales increase. Our management team is focused on a few key areas critical to Walmart’s long-term success," Duke added

Looking ahead to 2013, the company outlined a number of measures to spur future growth; measures included – improving the US business while improving returns in the international markets.

Greater efficiencies and investing in a global eCommerce alongside strengthening of the company’s compliance organization are also part of the measures.

The company reportedly paid $157m in professional fees and expenses related to the ongoing Foreign Corrupt Practices Act (FCPA) matters related to corruption allegations worldwide.