SlideShare a Scribd company logo
1 of 3
Download to read offline
WAL-MART
                                        STORES, INC.
                             800-331-0085 • www.walmartstores.com/news

FOR IMMEDIATE RELEASE                                              Investor Relations Contacts
                                                                   Investor Relations 479-273-8446
                                                                   Carol Schumacher 479-277-1498
                                                                   Anthony Clark 479-277-9558
                                                                   Media Relations Contact
                                                                   John Simley 800-331-0085



                    Wal-Mart Reports September Sales,
                    Raises Quarterly Earnings Guidance
BENTONVILLE, Ark., October 11, 2007 --- Wal-Mart Stores, Inc. (NYSE: WMT) reported net
sales for the five-week and 35-week periods ending October 5, 2007, and October 6, 2006,
respectively, as follows (dollars in billions):

                                                            Net Sales
                             5 Weeks Ended              Percent            35 Weeks Ended        Percent
                          10/5/2007 10/6/2006           Change           10/5/2007 10/6/2006     Change
                                         $    20.159        6.4%                     $ 145.610        6.3%
     Wal-Mart Stores     $     21.447                                    $ 154.744
                                               3.807        6.8%                        27.337        7.0%
     Sam's Club                 4.066                                       29.244
                                               7.403       20.1%                        49.637       16.7%
     International              8.893                                       57.905
                                         $    31.369        9.7%                     $ 222.584        8.7%
         Total Company   $     34.406                                    $ 241.893

Comparable store sales for the five-week and 35-week periods ending October 5, 2007, and October
6, 2006, respectively, were as follows:

                                                Five Weeks Comparable Store Sales
                                 Without Fuel                    With Fuel                   Fuel Impact
                             10/5/2007 10/6/2006           10/5/2007 10/6/2006          10/5/2007 10/6/2006
                                  0.8%           1.5%             0.8%       1.5%             0.0%          0.0%
      Wal-Mart Stores
                                  4.4%           2.1%             4.1%       0.4%            -0.3%         -1.7%
      Sam's Club
                                  1.4%           1.6%             1.4%       1.3%             0.0%         -0.3%
         Total U.S.


                                             Thirty-five Weeks Comparable Store Sales
                                 Without Fuel                    With Fuel                   Fuel Impact
                             10/5/2007 10/6/2006           10/5/2007 10/6/2006          10/5/2007 10/6/2006
                                  0.8%           2.5%             0.8%       2.5%             0.0%           0.0%
      Wal-Mart Stores
                                  5.1%           3.2%             4.9%       3.3%            -0.2%           0.1%
      Sam's Club
                                  1.5%           2.6%             1.5%       2.6%             0.0%           0.0%
         Total U.S.
2

Wal-Mart Stores
For the September five-week period, comparable store sales at the Wal-Mart Stores segment
indicate softness in consumer spending beyond basic categories, such as grocery and pharmacy.
Strength continues in pharmacy sales. The Company marked the anniversary of its $4 generic
prescription program with a national expansion of additional medications available for treating even
more conditions.

Overall, apparel and home remain soft. Company research reinforces that customers remain
concerned about their finances, especially the cost of living. Within this environment, Wal-Mart
Stores continues to reinforce its price leadership message, and during September launched its
national brand advertising campaign, with the new tagline “Save money. Live better.”

In addition, given the warmer than normal temperatures in much of the country, weather negatively
impacted key seasonal categories.

Sam’s Club
Sam’s Club sales for the five-week period were driven by increases in average ticket for both
business and Advantage members, with small business member sales growth continuing to lead.
Sales strengths for the month included fresh food, grocery, electronics and video games. As
October progresses, the clubs are transitioning into holiday entertaining in food and general
merchandise.

International
During the September period, the United Kingdom, Brazil and China continued their recent positive
performance. Sales throughout Brazil continue to be driven by a stronger price position, assortment
that is customized to the local community and a recovery of disposable income. Macroeconomic
factors continued to contribute to a slowdown in sales in Mexico.

Guidance
The Company expects the comparable store sales of its U.S. operations for the October four-week
reporting period to be between flat and 2 percent, said Tom Schoewe, executive vice president and
chief financial officer. The October four-week period runs from October 6 through November 2,
2007.

“We estimate that earnings per share from continuing operations for the third quarter of fiscal year
2008 will change from within our previously stated guidance of $0.62 to $0.65 to a range of $0.66
to $0.69,” Schoewe said. “For the first two months of the quarter, we have seen improvement in
initial margin and expense leverage at the Wal-Mart Stores division, which is driving this change.”

As previously noted, the Company reports net sales and comparable store sales consistent with the
National Retail Federation (NRF) calendar. The NRF calendar included 53 weeks for the most
recently completed year, but includes only 52 weeks this year. The weekly sales information for the
five-week and 35-week periods ended October 6, 2006 reported in this release match the
comparable weeks in the retail calendar for the current fiscal year. However, these five-week and
35-week comparable store sales periods reported for last year ended on September 29, 2006, one
week earlier.
3
The Company has posted on its Web site, www.walmartstores.com/investors, a “reclassification”
document showing prior year comparable store sales re-grouped to match the comparable weeks for
the current reporting calendar. The reclassified total U.S. comparable store sales for the October
2006 four-week period ending November 3, 2006 is -0.1 percent, excluding the impact of fuel.

Wal-Mart Stores, Inc. operates Wal-Mart discount stores, supercenters, Neighborhood Markets and
Sam’s Club locations in the United States. The Company operates in Argentina, Brazil, Canada,
China, Costa Rica, El Salvador, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico and
the United Kingdom. The Company's securities are listed on the New York Stock Exchange under
the symbol WMT. More information about Wal-Mart can be found by visiting
www.walmartstores.com. Online merchandise sales are available at www.walmart.com and
www.samsclub.com.

This release contains statements that Wal-Mart believes are “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of 1995 that are intended to enjoy the
protection of the safe harbor for forward-looking statements provided by that act. These forward-
looking statements include statements as to our management’s expectation for comparable store
sales for the October four-week reporting period to end November 2, 2007, and our management’s
expectation of the Company’s earnings per share from continuing operations for the third quarter of
fiscal year 2008. These statements are identified by use of the words “expects,” and “estimate” in
the statements. These forward-looking statements are subject to risks, uncertainties and other
factors, domestically and internationally, including consumer spending patterns and debt levels,
unemployment levels, fuel prices, inflation levels, weather conditions, competitive pressures and
other risks. We discuss certain of these matters and other risk factors more fully in our filings with
the SEC, including our last Annual Report on Form 10-K. This release should be read in
conjunction with that Annual Report on Form 10-K and certain other Company filings with the SEC
through the date of this release. The Company urges you to consider all of these risks, uncertainties
and other factors carefully in evaluating these forward-looking statements and not to place undue
reliance on such statements. As a result of these and other matters, including changes in facts,
assumptions not being realized or other circumstances, our actual results may differ materially from
those discussed in the forward-looking statements. The forward-looking statements included in this
release are made only as of the date of this release, and we undertake no obligation to update the
forward-looking statements to reflect subsequent events or circumstances.



                                                ###

More Related Content

What's hot

2014 q2-net-lease-research-report
2014 q2-net-lease-research-report2014 q2-net-lease-research-report
2014 q2-net-lease-research-reportThe Boulder Group
 
net lease casual dining report | The Boulder Group
net lease casual dining report | The Boulder Groupnet lease casual dining report | The Boulder Group
net lease casual dining report | The Boulder GroupThe Boulder Group
 
Net Lease Research Report 2016 Q1 | The Boulder Group
 Net Lease Research Report  2016 Q1 | The Boulder Group Net Lease Research Report  2016 Q1 | The Boulder Group
Net Lease Research Report 2016 Q1 | The Boulder GroupThe Boulder Group
 
Q2 2016 Net Lease Research Report | The Boulder Group
Q2 2016 Net Lease Research Report |  The Boulder GroupQ2 2016 Net Lease Research Report |  The Boulder Group
Q2 2016 Net Lease Research Report | The Boulder GroupThe Boulder Group
 
Petco Brand Audit + Creative Campaign
Petco Brand Audit + Creative CampaignPetco Brand Audit + Creative Campaign
Petco Brand Audit + Creative Campaignlgparkinson
 
Champagne market in Korea, short consumer Survey
Champagne market in Korea, short consumer SurveyChampagne market in Korea, short consumer Survey
Champagne market in Korea, short consumer Survey휘웅 정
 
The CRED DQ Report - January 2021
The CRED DQ Report - January 2021The CRED DQ Report - January 2021
The CRED DQ Report - January 2021Michael Haas
 
Net Lease Research Report Q4 2015 | The Boulder Group
Net Lease Research Report Q4 2015 | The Boulder GroupNet Lease Research Report Q4 2015 | The Boulder Group
Net Lease Research Report Q4 2015 | The Boulder GroupThe Boulder Group
 
Financial Analysis WMT vs SHLD 2010
Financial Analysis WMT vs SHLD 2010Financial Analysis WMT vs SHLD 2010
Financial Analysis WMT vs SHLD 2010Max6630
 
Notes from a big country
Notes from a big countryNotes from a big country
Notes from a big countryRick Francis
 
Daily livestock report oct 2 2012
Daily livestock report oct 2 2012Daily livestock report oct 2 2012
Daily livestock report oct 2 2012joseleorcasita
 
Driving Growth All Hands On Deck
Driving Growth All Hands On DeckDriving Growth All Hands On Deck
Driving Growth All Hands On DeckJustin Berry
 
2012 Chain Restaurant Report
2012 Chain Restaurant Report2012 Chain Restaurant Report
2012 Chain Restaurant ReportMark Moreno
 
Fresh Berries Move Into New Markets
Fresh Berries Move Into New MarketsFresh Berries Move Into New Markets
Fresh Berries Move Into New MarketsJoe Barsi
 
Robert grossman, Repositioning and Restructuring Retail
Robert grossman, Repositioning and Restructuring RetailRobert grossman, Repositioning and Restructuring Retail
Robert grossman, Repositioning and Restructuring RetailVirtual ULI
 
How convenience store retailers are managing foodservice
How convenience store retailers are managing foodserviceHow convenience store retailers are managing foodservice
How convenience store retailers are managing foodserviceBalvor LLC
 

What's hot (16)

2014 q2-net-lease-research-report
2014 q2-net-lease-research-report2014 q2-net-lease-research-report
2014 q2-net-lease-research-report
 
net lease casual dining report | The Boulder Group
net lease casual dining report | The Boulder Groupnet lease casual dining report | The Boulder Group
net lease casual dining report | The Boulder Group
 
Net Lease Research Report 2016 Q1 | The Boulder Group
 Net Lease Research Report  2016 Q1 | The Boulder Group Net Lease Research Report  2016 Q1 | The Boulder Group
Net Lease Research Report 2016 Q1 | The Boulder Group
 
Q2 2016 Net Lease Research Report | The Boulder Group
Q2 2016 Net Lease Research Report |  The Boulder GroupQ2 2016 Net Lease Research Report |  The Boulder Group
Q2 2016 Net Lease Research Report | The Boulder Group
 
Petco Brand Audit + Creative Campaign
Petco Brand Audit + Creative CampaignPetco Brand Audit + Creative Campaign
Petco Brand Audit + Creative Campaign
 
Champagne market in Korea, short consumer Survey
Champagne market in Korea, short consumer SurveyChampagne market in Korea, short consumer Survey
Champagne market in Korea, short consumer Survey
 
The CRED DQ Report - January 2021
The CRED DQ Report - January 2021The CRED DQ Report - January 2021
The CRED DQ Report - January 2021
 
Net Lease Research Report Q4 2015 | The Boulder Group
Net Lease Research Report Q4 2015 | The Boulder GroupNet Lease Research Report Q4 2015 | The Boulder Group
Net Lease Research Report Q4 2015 | The Boulder Group
 
Financial Analysis WMT vs SHLD 2010
Financial Analysis WMT vs SHLD 2010Financial Analysis WMT vs SHLD 2010
Financial Analysis WMT vs SHLD 2010
 
Notes from a big country
Notes from a big countryNotes from a big country
Notes from a big country
 
Daily livestock report oct 2 2012
Daily livestock report oct 2 2012Daily livestock report oct 2 2012
Daily livestock report oct 2 2012
 
Driving Growth All Hands On Deck
Driving Growth All Hands On DeckDriving Growth All Hands On Deck
Driving Growth All Hands On Deck
 
2012 Chain Restaurant Report
2012 Chain Restaurant Report2012 Chain Restaurant Report
2012 Chain Restaurant Report
 
Fresh Berries Move Into New Markets
Fresh Berries Move Into New MarketsFresh Berries Move Into New Markets
Fresh Berries Move Into New Markets
 
Robert grossman, Repositioning and Restructuring Retail
Robert grossman, Repositioning and Restructuring RetailRobert grossman, Repositioning and Restructuring Retail
Robert grossman, Repositioning and Restructuring Retail
 
How convenience store retailers are managing foodservice
How convenience store retailers are managing foodserviceHow convenience store retailers are managing foodservice
How convenience store retailers are managing foodservice
 

Viewers also liked

Komputer Dalam Pendidikan
Komputer Dalam PendidikanKomputer Dalam Pendidikan
Komputer Dalam Pendidikangueste51a40
 
Benimaclet es futur
Benimaclet es futurBenimaclet es futur
Benimaclet es futuragallud
 
Linked In Distributed Agile
Linked In Distributed AgileLinked In Distributed Agile
Linked In Distributed Agilewolfdown
 
Vergelijk Ifs 5 Tov Brc 5 3
Vergelijk Ifs 5 Tov Brc 5 3Vergelijk Ifs 5 Tov Brc 5 3
Vergelijk Ifs 5 Tov Brc 5 3guest3e3f9
 
Wal Mart Store Financial ResultsFebruary 03/07/08
Wal Mart Store Financial ResultsFebruary 	03/07/08Wal Mart Store Financial ResultsFebruary 	03/07/08
Wal Mart Store Financial ResultsFebruary 03/07/08finance1
 
Milikapiti School, Melville Island
Milikapiti School, Melville IslandMilikapiti School, Melville Island
Milikapiti School, Melville Islandtiwilibby
 
wal mart store Quarterly Earnings Releases2008
wal mart store Quarterly Earnings Releases2008wal mart store Quarterly Earnings Releases2008
wal mart store Quarterly Earnings Releases2008finance1
 
An Integrated Solution Approach
An Integrated Solution ApproachAn Integrated Solution Approach
An Integrated Solution ApproachCees W.M. Nieboer
 
Is the WRF Better than The GFS?
Is the WRF Better than The GFS?Is the WRF Better than The GFS?
Is the WRF Better than The GFS?jconsor
 
chevronChevron By-Laws
chevronChevron By-LawschevronChevron By-Laws
chevronChevron By-Lawsfinance1
 
wal mart store Quarterly Earnings Releases2009
wal mart store Quarterly Earnings Releases2009wal mart store Quarterly Earnings Releases2009
wal mart store Quarterly Earnings Releases2009finance1
 
Chevron 2008 3Q Earnings Conference Call Presentation (color)
Chevron 2008 3Q Earnings Conference Call Presentation (color)Chevron 2008 3Q Earnings Conference Call Presentation (color)
Chevron 2008 3Q Earnings Conference Call Presentation (color)finance1
 
Chevron Credit Suisse 2008 Offshore Technology Conference
Chevron Credit Suisse 2008 Offshore Technology Conference Chevron Credit Suisse 2008 Offshore Technology Conference
Chevron Credit Suisse 2008 Offshore Technology Conference finance1
 
Late Childhood Presentation Report
Late Childhood Presentation ReportLate Childhood Presentation Report
Late Childhood Presentation Reportguest48db1d5
 

Viewers also liked (15)

Komputer Dalam Pendidikan
Komputer Dalam PendidikanKomputer Dalam Pendidikan
Komputer Dalam Pendidikan
 
Benimaclet es futur
Benimaclet es futurBenimaclet es futur
Benimaclet es futur
 
Linked In Distributed Agile
Linked In Distributed AgileLinked In Distributed Agile
Linked In Distributed Agile
 
Vergelijk Ifs 5 Tov Brc 5 3
Vergelijk Ifs 5 Tov Brc 5 3Vergelijk Ifs 5 Tov Brc 5 3
Vergelijk Ifs 5 Tov Brc 5 3
 
Wal Mart Store Financial ResultsFebruary 03/07/08
Wal Mart Store Financial ResultsFebruary 	03/07/08Wal Mart Store Financial ResultsFebruary 	03/07/08
Wal Mart Store Financial ResultsFebruary 03/07/08
 
Woola
WoolaWoola
Woola
 
Milikapiti School, Melville Island
Milikapiti School, Melville IslandMilikapiti School, Melville Island
Milikapiti School, Melville Island
 
wal mart store Quarterly Earnings Releases2008
wal mart store Quarterly Earnings Releases2008wal mart store Quarterly Earnings Releases2008
wal mart store Quarterly Earnings Releases2008
 
An Integrated Solution Approach
An Integrated Solution ApproachAn Integrated Solution Approach
An Integrated Solution Approach
 
Is the WRF Better than The GFS?
Is the WRF Better than The GFS?Is the WRF Better than The GFS?
Is the WRF Better than The GFS?
 
chevronChevron By-Laws
chevronChevron By-LawschevronChevron By-Laws
chevronChevron By-Laws
 
wal mart store Quarterly Earnings Releases2009
wal mart store Quarterly Earnings Releases2009wal mart store Quarterly Earnings Releases2009
wal mart store Quarterly Earnings Releases2009
 
Chevron 2008 3Q Earnings Conference Call Presentation (color)
Chevron 2008 3Q Earnings Conference Call Presentation (color)Chevron 2008 3Q Earnings Conference Call Presentation (color)
Chevron 2008 3Q Earnings Conference Call Presentation (color)
 
Chevron Credit Suisse 2008 Offshore Technology Conference
Chevron Credit Suisse 2008 Offshore Technology Conference Chevron Credit Suisse 2008 Offshore Technology Conference
Chevron Credit Suisse 2008 Offshore Technology Conference
 
Late Childhood Presentation Report
Late Childhood Presentation ReportLate Childhood Presentation Report
Late Childhood Presentation Report
 

Similar to Wal-Mart Raises Q3 EPS Guidance

wal mart store Quarterly Earnings Releases2009
wal mart store Quarterly Earnings Releases2009wal mart store Quarterly Earnings Releases2009
wal mart store Quarterly Earnings Releases2009finance1
 
wal mart store Quarterly Earnings Releases2008
wal mart store Quarterly Earnings Releases2008wal mart store Quarterly Earnings Releases2008
wal mart store Quarterly Earnings Releases2008finance1
 
Wal Mart Store Financial ResultsOctober 11/06/08
Wal Mart Store Financial ResultsOctober 11/06/08Wal Mart Store Financial ResultsOctober 11/06/08
Wal Mart Store Financial ResultsOctober 11/06/08finance1
 
Walmart Quarterly Earnings Q2 08 08 14
Walmart Quarterly Earnings Q2 08 08 14Walmart Quarterly Earnings Q2 08 08 14
Walmart Quarterly Earnings Q2 08 08 14earningsreport
 
Walmart Quarterly Earnings Q2 2009 8 1
Walmart Quarterly Earnings Q2 2009 8 1Walmart Quarterly Earnings Q2 2009 8 1
Walmart Quarterly Earnings Q2 2009 8 1earningsreport
 
wal mart store Quarterly Earnings Releases2008
wal mart store Quarterly Earnings Releases2008wal mart store Quarterly Earnings Releases2008
wal mart store Quarterly Earnings Releases2008finance1
 
Walmart Quarterly Earnings Q3 08 11 13
Walmart Quarterly Earnings Q3 08 11 13Walmart Quarterly Earnings Q3 08 11 13
Walmart Quarterly Earnings Q3 08 11 13earningsreport
 
Walmart Quarterly Earnings Q3 2009(2)
Walmart Quarterly Earnings Q3 2009(2)Walmart Quarterly Earnings Q3 2009(2)
Walmart Quarterly Earnings Q3 2009(2)earningsreport
 
Duff & Phelps Restaurant Monthly Update - October 2016
Duff & Phelps Restaurant Monthly Update - October 2016Duff & Phelps Restaurant Monthly Update - October 2016
Duff & Phelps Restaurant Monthly Update - October 2016Duff & Phelps
 
Retail merchandise budget plannng
Retail merchandise budget plannngRetail merchandise budget plannng
Retail merchandise budget plannngShahab Rasekh
 
Mass merchant review round 1
Mass merchant review round 1Mass merchant review round 1
Mass merchant review round 1thomas paulson
 
Mercer Capital's Value Focus: Convenience Store Industry | Q1 2017 | Segment:...
Mercer Capital's Value Focus: Convenience Store Industry | Q1 2017 | Segment:...Mercer Capital's Value Focus: Convenience Store Industry | Q1 2017 | Segment:...
Mercer Capital's Value Focus: Convenience Store Industry | Q1 2017 | Segment:...Mercer Capital
 
Lafayette Market Report December 2013
Lafayette Market Report December 2013Lafayette Market Report December 2013
Lafayette Market Report December 2013Robbie Breaux & Team
 
Retail apocolypse and pension fund culpability
Retail apocolypse and pension fund culpabilityRetail apocolypse and pension fund culpability
Retail apocolypse and pension fund culpabilitythomas paulson
 
Mercer Capital's Value Focus: Convenience Store Industry | Q3 2016 | Segment:...
Mercer Capital's Value Focus: Convenience Store Industry | Q3 2016 | Segment:...Mercer Capital's Value Focus: Convenience Store Industry | Q3 2016 | Segment:...
Mercer Capital's Value Focus: Convenience Store Industry | Q3 2016 | Segment:...Mercer Capital
 
Mercer Capital's Value Focus: Convenience Store Industry | Q2 2015 | Segment:...
Mercer Capital's Value Focus: Convenience Store Industry | Q2 2015 | Segment:...Mercer Capital's Value Focus: Convenience Store Industry | Q2 2015 | Segment:...
Mercer Capital's Value Focus: Convenience Store Industry | Q2 2015 | Segment:...Mercer Capital
 
Penetrating the US Wine Market - London Wine Fair
Penetrating the US Wine Market - London Wine FairPenetrating the US Wine Market - London Wine Fair
Penetrating the US Wine Market - London Wine FairBeverageTradeNetwork.com
 

Similar to Wal-Mart Raises Q3 EPS Guidance (20)

wal mart store Quarterly Earnings Releases2009
wal mart store Quarterly Earnings Releases2009wal mart store Quarterly Earnings Releases2009
wal mart store Quarterly Earnings Releases2009
 
wal mart store Quarterly Earnings Releases2008
wal mart store Quarterly Earnings Releases2008wal mart store Quarterly Earnings Releases2008
wal mart store Quarterly Earnings Releases2008
 
Wal Mart Store Financial ResultsOctober 11/06/08
Wal Mart Store Financial ResultsOctober 11/06/08Wal Mart Store Financial ResultsOctober 11/06/08
Wal Mart Store Financial ResultsOctober 11/06/08
 
Walmart Quarterly Earnings Q2 08 08 14
Walmart Quarterly Earnings Q2 08 08 14Walmart Quarterly Earnings Q2 08 08 14
Walmart Quarterly Earnings Q2 08 08 14
 
Walmart Quarterly Earnings Q2 2009 8 1
Walmart Quarterly Earnings Q2 2009 8 1Walmart Quarterly Earnings Q2 2009 8 1
Walmart Quarterly Earnings Q2 2009 8 1
 
wal mart store Quarterly Earnings Releases2008
wal mart store Quarterly Earnings Releases2008wal mart store Quarterly Earnings Releases2008
wal mart store Quarterly Earnings Releases2008
 
Walmart Quarterly Earnings Q3 08 11 13
Walmart Quarterly Earnings Q3 08 11 13Walmart Quarterly Earnings Q3 08 11 13
Walmart Quarterly Earnings Q3 08 11 13
 
Walmart Quarterly Earnings Q3 2009(2)
Walmart Quarterly Earnings Q3 2009(2)Walmart Quarterly Earnings Q3 2009(2)
Walmart Quarterly Earnings Q3 2009(2)
 
Duff & Phelps Restaurant Monthly Update - October 2016
Duff & Phelps Restaurant Monthly Update - October 2016Duff & Phelps Restaurant Monthly Update - October 2016
Duff & Phelps Restaurant Monthly Update - October 2016
 
Retail merchandise budget plannng
Retail merchandise budget plannngRetail merchandise budget plannng
Retail merchandise budget plannng
 
Mass merchant review round 1
Mass merchant review round 1Mass merchant review round 1
Mass merchant review round 1
 
Mercer Capital's Value Focus: Convenience Store Industry | Q1 2017 | Segment:...
Mercer Capital's Value Focus: Convenience Store Industry | Q1 2017 | Segment:...Mercer Capital's Value Focus: Convenience Store Industry | Q1 2017 | Segment:...
Mercer Capital's Value Focus: Convenience Store Industry | Q1 2017 | Segment:...
 
Food marketing in 2009
Food marketing in 2009Food marketing in 2009
Food marketing in 2009
 
Lafayette Market Report December 2013
Lafayette Market Report December 2013Lafayette Market Report December 2013
Lafayette Market Report December 2013
 
Q3 2009 Earning Report of Jean Coutu Group
Q3 2009 Earning Report of Jean Coutu GroupQ3 2009 Earning Report of Jean Coutu Group
Q3 2009 Earning Report of Jean Coutu Group
 
Retail apocolypse and pension fund culpability
Retail apocolypse and pension fund culpabilityRetail apocolypse and pension fund culpability
Retail apocolypse and pension fund culpability
 
Mercer Capital's Value Focus: Convenience Store Industry | Q3 2016 | Segment:...
Mercer Capital's Value Focus: Convenience Store Industry | Q3 2016 | Segment:...Mercer Capital's Value Focus: Convenience Store Industry | Q3 2016 | Segment:...
Mercer Capital's Value Focus: Convenience Store Industry | Q3 2016 | Segment:...
 
Mercer Capital's Value Focus: Convenience Store Industry | Q2 2015 | Segment:...
Mercer Capital's Value Focus: Convenience Store Industry | Q2 2015 | Segment:...Mercer Capital's Value Focus: Convenience Store Industry | Q2 2015 | Segment:...
Mercer Capital's Value Focus: Convenience Store Industry | Q2 2015 | Segment:...
 
Penetrating the US Wine Market - London Wine Fair
Penetrating the US Wine Market - London Wine FairPenetrating the US Wine Market - London Wine Fair
Penetrating the US Wine Market - London Wine Fair
 
Insider’s Guide to the US Drinks Market
Insider’s Guide to the US Drinks MarketInsider’s Guide to the US Drinks Market
Insider’s Guide to the US Drinks Market
 

More from finance1

AT&TFinancial and Operational Results
AT&TFinancial and Operational ResultsAT&TFinancial and Operational Results
AT&TFinancial and Operational Resultsfinance1
 
AT&T First-Quarter Earnings Package
AT&T First-Quarter Earnings PackageAT&T First-Quarter Earnings Package
AT&T First-Quarter Earnings Packagefinance1
 
AT&T Quarterly Earnings - 2Q 2008
AT&T Quarterly Earnings - 2Q 2008AT&T Quarterly Earnings - 2Q 2008
AT&T Quarterly Earnings - 2Q 2008finance1
 
AT&T Third-Quarter Earnings Package
AT&T Third-Quarter Earnings PackageAT&T Third-Quarter Earnings Package
AT&T Third-Quarter Earnings Packagefinance1
 
AT&T Fourth-Quarter Earnings Package
AT&T Fourth-Quarter Earnings PackageAT&T Fourth-Quarter Earnings Package
AT&T Fourth-Quarter Earnings Packagefinance1
 
AT&T Financial and Operational Results
AT&T Financial and Operational ResultsAT&T Financial and Operational Results
AT&T Financial and Operational Resultsfinance1
 
GE# 2000 Proxy Statement
GE# 2000 Proxy Statement GE# 2000 Proxy Statement
GE# 2000 Proxy Statement finance1
 
GE# 2001 Proxy Statement (PDF)
GE# 2001 Proxy Statement (PDF)GE# 2001 Proxy Statement (PDF)
GE# 2001 Proxy Statement (PDF)finance1
 
GE# 2002 Proxy Statement
GE# 2002 Proxy Statement GE# 2002 Proxy Statement
GE# 2002 Proxy Statement finance1
 
GE# 2003 Proxy Statement
GE# 2003 Proxy Statement GE# 2003 Proxy Statement
GE# 2003 Proxy Statement finance1
 
GE# 2004 Proxy Statement
GE# 2004 Proxy Statement GE# 2004 Proxy Statement
GE# 2004 Proxy Statement finance1
 
GE# 2005 Proxy Statement
GE# 2005 Proxy Statement GE# 2005 Proxy Statement
GE# 2005 Proxy Statement finance1
 
GE# 2006 Proxy Statement
GE# 2006 Proxy Statement GE# 2006 Proxy Statement
GE# 2006 Proxy Statement finance1
 
onoco phillips 2004First Quarter
onoco phillips 2004First Quarteronoco phillips 2004First Quarter
onoco phillips 2004First Quarterfinance1
 
conoco phillips 2004Second Quarter
conoco phillips 2004Second Quarterconoco phillips 2004Second Quarter
conoco phillips 2004Second Quarterfinance1
 
conoco phillips 2004Third Quarter
conoco phillips 2004Third Quarterconoco phillips 2004Third Quarter
conoco phillips 2004Third Quarterfinance1
 
conoco phillips 2004Fourth Quarter
conoco phillips 2004Fourth Quarterconoco phillips 2004Fourth Quarter
conoco phillips 2004Fourth Quarterfinance1
 
conoco phillips 2005First Quarter
conoco phillips 2005First Quarterconoco phillips 2005First Quarter
conoco phillips 2005First Quarterfinance1
 
conoco phillips 2005Third Quarter
conoco phillips 2005Third Quarterconoco phillips 2005Third Quarter
conoco phillips 2005Third Quarterfinance1
 
conoco phillips 2005Fourth Quarter
conoco phillips 2005Fourth Quarterconoco phillips 2005Fourth Quarter
conoco phillips 2005Fourth Quarterfinance1
 

More from finance1 (20)

AT&TFinancial and Operational Results
AT&TFinancial and Operational ResultsAT&TFinancial and Operational Results
AT&TFinancial and Operational Results
 
AT&T First-Quarter Earnings Package
AT&T First-Quarter Earnings PackageAT&T First-Quarter Earnings Package
AT&T First-Quarter Earnings Package
 
AT&T Quarterly Earnings - 2Q 2008
AT&T Quarterly Earnings - 2Q 2008AT&T Quarterly Earnings - 2Q 2008
AT&T Quarterly Earnings - 2Q 2008
 
AT&T Third-Quarter Earnings Package
AT&T Third-Quarter Earnings PackageAT&T Third-Quarter Earnings Package
AT&T Third-Quarter Earnings Package
 
AT&T Fourth-Quarter Earnings Package
AT&T Fourth-Quarter Earnings PackageAT&T Fourth-Quarter Earnings Package
AT&T Fourth-Quarter Earnings Package
 
AT&T Financial and Operational Results
AT&T Financial and Operational ResultsAT&T Financial and Operational Results
AT&T Financial and Operational Results
 
GE# 2000 Proxy Statement
GE# 2000 Proxy Statement GE# 2000 Proxy Statement
GE# 2000 Proxy Statement
 
GE# 2001 Proxy Statement (PDF)
GE# 2001 Proxy Statement (PDF)GE# 2001 Proxy Statement (PDF)
GE# 2001 Proxy Statement (PDF)
 
GE# 2002 Proxy Statement
GE# 2002 Proxy Statement GE# 2002 Proxy Statement
GE# 2002 Proxy Statement
 
GE# 2003 Proxy Statement
GE# 2003 Proxy Statement GE# 2003 Proxy Statement
GE# 2003 Proxy Statement
 
GE# 2004 Proxy Statement
GE# 2004 Proxy Statement GE# 2004 Proxy Statement
GE# 2004 Proxy Statement
 
GE# 2005 Proxy Statement
GE# 2005 Proxy Statement GE# 2005 Proxy Statement
GE# 2005 Proxy Statement
 
GE# 2006 Proxy Statement
GE# 2006 Proxy Statement GE# 2006 Proxy Statement
GE# 2006 Proxy Statement
 
onoco phillips 2004First Quarter
onoco phillips 2004First Quarteronoco phillips 2004First Quarter
onoco phillips 2004First Quarter
 
conoco phillips 2004Second Quarter
conoco phillips 2004Second Quarterconoco phillips 2004Second Quarter
conoco phillips 2004Second Quarter
 
conoco phillips 2004Third Quarter
conoco phillips 2004Third Quarterconoco phillips 2004Third Quarter
conoco phillips 2004Third Quarter
 
conoco phillips 2004Fourth Quarter
conoco phillips 2004Fourth Quarterconoco phillips 2004Fourth Quarter
conoco phillips 2004Fourth Quarter
 
conoco phillips 2005First Quarter
conoco phillips 2005First Quarterconoco phillips 2005First Quarter
conoco phillips 2005First Quarter
 
conoco phillips 2005Third Quarter
conoco phillips 2005Third Quarterconoco phillips 2005Third Quarter
conoco phillips 2005Third Quarter
 
conoco phillips 2005Fourth Quarter
conoco phillips 2005Fourth Quarterconoco phillips 2005Fourth Quarter
conoco phillips 2005Fourth Quarter
 

Recently uploaded

Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure serviceCall US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure servicePooja Nehwal
 
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
VIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
VIP Call Girls Thane Sia 8617697112 Independent Escort Service ThaneVIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
VIP Call Girls Thane Sia 8617697112 Independent Escort Service ThaneCall girls in Ahmedabad High profile
 
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...shivangimorya083
 
(TANVI) Call Girls Nanded City ( 7001035870 ) HI-Fi Pune Escorts Service
(TANVI) Call Girls Nanded City ( 7001035870 ) HI-Fi Pune Escorts Service(TANVI) Call Girls Nanded City ( 7001035870 ) HI-Fi Pune Escorts Service
(TANVI) Call Girls Nanded City ( 7001035870 ) HI-Fi Pune Escorts Serviceranjana rawat
 
Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Commonwealth
 
VIP Call Girls in Saharanpur Aarohi 8250192130 Independent Escort Service Sah...
VIP Call Girls in Saharanpur Aarohi 8250192130 Independent Escort Service Sah...VIP Call Girls in Saharanpur Aarohi 8250192130 Independent Escort Service Sah...
VIP Call Girls in Saharanpur Aarohi 8250192130 Independent Escort Service Sah...Suhani Kapoor
 
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service AizawlVip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawlmakika9823
 
20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdfAdnet Communications
 
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...Henry Tapper
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130  Available With RoomVIP Kolkata Call Girl Serampore 👉 8250192130  Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Roomdivyansh0kumar0
 
Andheri Call Girls In 9825968104 Mumbai Hot Models
Andheri Call Girls In 9825968104 Mumbai Hot ModelsAndheri Call Girls In 9825968104 Mumbai Hot Models
Andheri Call Girls In 9825968104 Mumbai Hot Modelshematsharma006
 
Q3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast SlidesQ3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast SlidesMarketing847413
 
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur EscortsHigh Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
New dynamic economic model with a digital footprint | European Business Review
New dynamic economic model with a digital footprint | European Business ReviewNew dynamic economic model with a digital footprint | European Business Review
New dynamic economic model with a digital footprint | European Business ReviewAntonis Zairis
 
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With RoomVIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Roomdivyansh0kumar0
 
Dividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxDividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxanshikagoel52
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex
 

Recently uploaded (20)

Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure serviceCall US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
 
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
 
VIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
VIP Call Girls Thane Sia 8617697112 Independent Escort Service ThaneVIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
VIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
 
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
 
(TANVI) Call Girls Nanded City ( 7001035870 ) HI-Fi Pune Escorts Service
(TANVI) Call Girls Nanded City ( 7001035870 ) HI-Fi Pune Escorts Service(TANVI) Call Girls Nanded City ( 7001035870 ) HI-Fi Pune Escorts Service
(TANVI) Call Girls Nanded City ( 7001035870 ) HI-Fi Pune Escorts Service
 
Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]
 
Monthly Economic Monitoring of Ukraine No 231, April 2024
Monthly Economic Monitoring of Ukraine No 231, April 2024Monthly Economic Monitoring of Ukraine No 231, April 2024
Monthly Economic Monitoring of Ukraine No 231, April 2024
 
VIP Call Girls in Saharanpur Aarohi 8250192130 Independent Escort Service Sah...
VIP Call Girls in Saharanpur Aarohi 8250192130 Independent Escort Service Sah...VIP Call Girls in Saharanpur Aarohi 8250192130 Independent Escort Service Sah...
VIP Call Girls in Saharanpur Aarohi 8250192130 Independent Escort Service Sah...
 
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service AizawlVip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
 
20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf
 
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
 
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130  Available With RoomVIP Kolkata Call Girl Serampore 👉 8250192130  Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Room
 
Andheri Call Girls In 9825968104 Mumbai Hot Models
Andheri Call Girls In 9825968104 Mumbai Hot ModelsAndheri Call Girls In 9825968104 Mumbai Hot Models
Andheri Call Girls In 9825968104 Mumbai Hot Models
 
Q3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast SlidesQ3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast Slides
 
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur EscortsHigh Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
 
New dynamic economic model with a digital footprint | European Business Review
New dynamic economic model with a digital footprint | European Business ReviewNew dynamic economic model with a digital footprint | European Business Review
New dynamic economic model with a digital footprint | European Business Review
 
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With RoomVIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
 
Dividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxDividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptx
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024
 

Wal-Mart Raises Q3 EPS Guidance

  • 1. WAL-MART STORES, INC. 800-331-0085 • www.walmartstores.com/news FOR IMMEDIATE RELEASE Investor Relations Contacts Investor Relations 479-273-8446 Carol Schumacher 479-277-1498 Anthony Clark 479-277-9558 Media Relations Contact John Simley 800-331-0085 Wal-Mart Reports September Sales, Raises Quarterly Earnings Guidance BENTONVILLE, Ark., October 11, 2007 --- Wal-Mart Stores, Inc. (NYSE: WMT) reported net sales for the five-week and 35-week periods ending October 5, 2007, and October 6, 2006, respectively, as follows (dollars in billions): Net Sales 5 Weeks Ended Percent 35 Weeks Ended Percent 10/5/2007 10/6/2006 Change 10/5/2007 10/6/2006 Change $ 20.159 6.4% $ 145.610 6.3% Wal-Mart Stores $ 21.447 $ 154.744 3.807 6.8% 27.337 7.0% Sam's Club 4.066 29.244 7.403 20.1% 49.637 16.7% International 8.893 57.905 $ 31.369 9.7% $ 222.584 8.7% Total Company $ 34.406 $ 241.893 Comparable store sales for the five-week and 35-week periods ending October 5, 2007, and October 6, 2006, respectively, were as follows: Five Weeks Comparable Store Sales Without Fuel With Fuel Fuel Impact 10/5/2007 10/6/2006 10/5/2007 10/6/2006 10/5/2007 10/6/2006 0.8% 1.5% 0.8% 1.5% 0.0% 0.0% Wal-Mart Stores 4.4% 2.1% 4.1% 0.4% -0.3% -1.7% Sam's Club 1.4% 1.6% 1.4% 1.3% 0.0% -0.3% Total U.S. Thirty-five Weeks Comparable Store Sales Without Fuel With Fuel Fuel Impact 10/5/2007 10/6/2006 10/5/2007 10/6/2006 10/5/2007 10/6/2006 0.8% 2.5% 0.8% 2.5% 0.0% 0.0% Wal-Mart Stores 5.1% 3.2% 4.9% 3.3% -0.2% 0.1% Sam's Club 1.5% 2.6% 1.5% 2.6% 0.0% 0.0% Total U.S.
  • 2. 2 Wal-Mart Stores For the September five-week period, comparable store sales at the Wal-Mart Stores segment indicate softness in consumer spending beyond basic categories, such as grocery and pharmacy. Strength continues in pharmacy sales. The Company marked the anniversary of its $4 generic prescription program with a national expansion of additional medications available for treating even more conditions. Overall, apparel and home remain soft. Company research reinforces that customers remain concerned about their finances, especially the cost of living. Within this environment, Wal-Mart Stores continues to reinforce its price leadership message, and during September launched its national brand advertising campaign, with the new tagline “Save money. Live better.” In addition, given the warmer than normal temperatures in much of the country, weather negatively impacted key seasonal categories. Sam’s Club Sam’s Club sales for the five-week period were driven by increases in average ticket for both business and Advantage members, with small business member sales growth continuing to lead. Sales strengths for the month included fresh food, grocery, electronics and video games. As October progresses, the clubs are transitioning into holiday entertaining in food and general merchandise. International During the September period, the United Kingdom, Brazil and China continued their recent positive performance. Sales throughout Brazil continue to be driven by a stronger price position, assortment that is customized to the local community and a recovery of disposable income. Macroeconomic factors continued to contribute to a slowdown in sales in Mexico. Guidance The Company expects the comparable store sales of its U.S. operations for the October four-week reporting period to be between flat and 2 percent, said Tom Schoewe, executive vice president and chief financial officer. The October four-week period runs from October 6 through November 2, 2007. “We estimate that earnings per share from continuing operations for the third quarter of fiscal year 2008 will change from within our previously stated guidance of $0.62 to $0.65 to a range of $0.66 to $0.69,” Schoewe said. “For the first two months of the quarter, we have seen improvement in initial margin and expense leverage at the Wal-Mart Stores division, which is driving this change.” As previously noted, the Company reports net sales and comparable store sales consistent with the National Retail Federation (NRF) calendar. The NRF calendar included 53 weeks for the most recently completed year, but includes only 52 weeks this year. The weekly sales information for the five-week and 35-week periods ended October 6, 2006 reported in this release match the comparable weeks in the retail calendar for the current fiscal year. However, these five-week and 35-week comparable store sales periods reported for last year ended on September 29, 2006, one week earlier.
  • 3. 3 The Company has posted on its Web site, www.walmartstores.com/investors, a “reclassification” document showing prior year comparable store sales re-grouped to match the comparable weeks for the current reporting calendar. The reclassified total U.S. comparable store sales for the October 2006 four-week period ending November 3, 2006 is -0.1 percent, excluding the impact of fuel. Wal-Mart Stores, Inc. operates Wal-Mart discount stores, supercenters, Neighborhood Markets and Sam’s Club locations in the United States. The Company operates in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico and the United Kingdom. The Company's securities are listed on the New York Stock Exchange under the symbol WMT. More information about Wal-Mart can be found by visiting www.walmartstores.com. Online merchandise sales are available at www.walmart.com and www.samsclub.com. This release contains statements that Wal-Mart believes are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that are intended to enjoy the protection of the safe harbor for forward-looking statements provided by that act. These forward- looking statements include statements as to our management’s expectation for comparable store sales for the October four-week reporting period to end November 2, 2007, and our management’s expectation of the Company’s earnings per share from continuing operations for the third quarter of fiscal year 2008. These statements are identified by use of the words “expects,” and “estimate” in the statements. These forward-looking statements are subject to risks, uncertainties and other factors, domestically and internationally, including consumer spending patterns and debt levels, unemployment levels, fuel prices, inflation levels, weather conditions, competitive pressures and other risks. We discuss certain of these matters and other risk factors more fully in our filings with the SEC, including our last Annual Report on Form 10-K. This release should be read in conjunction with that Annual Report on Form 10-K and certain other Company filings with the SEC through the date of this release. The Company urges you to consider all of these risks, uncertainties and other factors carefully in evaluating these forward-looking statements and not to place undue reliance on such statements. As a result of these and other matters, including changes in facts, assumptions not being realized or other circumstances, our actual results may differ materially from those discussed in the forward-looking statements. The forward-looking statements included in this release are made only as of the date of this release, and we undertake no obligation to update the forward-looking statements to reflect subsequent events or circumstances. ###