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News and Information Article
BENTONVILLE, Ark., May 4 /-FirstCall/ -- Wal-Mart Stores,
Inc. (NYSE: WMT) reported net sales for the 4-week and 13-week periods
ending April 28, 2006, and April 29, 2005, respectively as follows (dollars
in billions):
4 Weeks Ended 13 Weeks Ended
Percent Percent
4-28-2006 4-29-2005 Change 4-28-2006 4-29-2005 Change
Wal-Mart Stores $16.864 $14.829 13.7% $53.468 $48.646 9.9%
SAMS CLUB 3.122 2.943 6.1% 9.943 9.329 6.6%
International 5.885 4.530 29.9% 18.113 14.671 23.5%
Total Company $25.871 $22.302 16.0% $81.524 $72.646 12.2%
Comparable sales for the periods ending April 28, 2006, and April 29,
2005, were as follows:
4 Weeks Ended 13 Weeks Ended
4-28-2006 4-29-2005 4-28-2006 4-29-2005
Wal-Mart Stores 7.3% 0.1% 3.4% 3.0%
SAMS CLUB 3.8% 3.4% 4.3% 2.3%
Total U.S. 6.8% 0.7% 3.6% 2.9%
Due to the Easter shift and SAMS CLUB being closed on Easter, sales
for the SAMS CLUB segment contained one less day than last year.
The 29.9% increase for the 4-week period and the 23.5% increase for the
13-week period in International includes the impact of three transactions
in the fourth quarter of Fiscal Year 2006. These transactions include:
* the consolidation of The Seiyu, Ltd., of which Wal-Mart now owns
approximately 53%.
* the purchase of Sonae Distribuicao Brasil, S.A., now referred to as
Southern Brazil.
* the purchase of one-third of the Central American Retail Holding
Company, or CARHCO. The Company now owns 51% of that company, which is
now operated as Wal-Mart Central America.
"With a 6.8 comp in April, we were pleased with strong seasonal sales
for Easter," said Tom Schoewe, Wal-Mart Stores, Inc. executive vice
president and chief financial officer. "Rising fuel costs were overshadowed
by the customers response to merchandise in apparel for the entire family
and consumables.
"April was a strong month for toys, from traditional items like dolls,
balls and outdoor toys to electronics," Schoewe said. "We have seen
customers buying more toys, video games, music and movies, in addition to
candy, to fill Easter baskets."
Schoewe added that during the 4-week and 13-week periods, Wal-Mart
Stores, Inc. increased its sales by more than $3.5 billion and $8.8
billion, respectively.
The Company estimates comparable sales in the U.S. for the May 4-week
period to be in the 2 to 4% range.
Comparable sales that are presented in this release exclude the impact
of fuel sales in our SAMS CLUB segment. Fuel sales impacted the SAMS CLUB
and total U.S. comparable sales figures for the 4-week period ending April
28, 2006, by 0.6 and 0.0 percentage points, respectively, and impacted the
13-week period by 0.5 and 0.1 percentage points, respectively. Including
the impact of fuel sales, the SAMS CLUB and total U.S. comparable sales
figures for the 4-week period ending April 28, 2006, would have been 4.4%
and 6.8%, respectively, and for the 13-week period would have been 4.8% and
3.7%, respectively.
Wal-Marts earnings release for the first fiscal quarter is scheduled
for Tuesday, May 16, 2006 before the NYSE opens. The dial-in number for
managements pre-recorded discussion of the release and related matters is
203-369-1090 and will be available for 36 hours after quarterly earnings
are announced. The information from this pre-recorded phone call will also
be available on our website at http://www.walmartstores.com/earnings .
Wal-Mart Stores, Inc. operates Wal-Mart discount stores, Supercenters,
Neighborhood Markets and SAMS CLUB locations in the United States. The
Company operates in Argentina, Brazil, Canada, China, Costa Rica, El
Salvador, Germany, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto
Rico, South Korea and the United Kingdom. The companys securities are
listed on the New York and Pacific stock exchanges under the symbol WMT.
More information about Wal-Mart can be found by visiting
http://www.walmartfacts.com . Online merchandise sales are available at
http://www.walmart.com .
This release contains a statement that Wal-Mart believes is a "forward-
looking statement" within the meaning of the Private Securities Litigation
Reform Act of 1995 and that is intended to enjoy the protection of the safe
harbor for forward-looking statements provided by that Act. This forward-
looking statement discusses our managements forecast of comparable sales
for the May 4-week period. This statement is identified by use of the word
"estimates". This forward-looking statement is subject to risks,
uncertainties and other factors, domestically and internationally,
including, consumer spending patterns and debt levels, weather conditions,
competitive pressures, currency exchange fluctuations, trade restrictions,
and other risks. We discuss certain of these matters more fully in our
filings with the SEC, including our last annual report on Form 10-K filed
with the SEC. This release should be read in conjunction with that annual
report on Form 10-K and our other filings with the SEC through the date of
this report. We urge you to consider all of these risks, uncertainties and
other factors carefully in evaluating this forward-looking statement. As a
result of these matters, including changes in facts, assumptions not being
realized or other circumstances, our actual comparable sales for the May
4-week period may differ materially from the estimate discussed in the
forward-looking statement. The forward-looking statement included in this
release is made only as of the date of this release, and we undertake no
obligation to update the forward-looking statement to reflect subsequent
events or circumstances.
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