There is no doubt that the Gunners' recent form has given Walcott and his team-mates something to celebrate at their festive shindig after an indifferent start to the campaign.
"Our new players needed time to gel, time to settle. They had to get used to the way the club is run. It was always going to take time," said Walcott.
"We had injuries as well. Things were not going our way, but the way we've played in the last few weeks, it's nice to see us move up the table."