Wal-Mart Stores (WMT) Reports January Sales
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Price: $114.71 +1.28%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.2%
EPS Growth %: +8.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.2%
EPS Growth %: +8.8%
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Wal-Mart Stores, Inc. (NYSE: WMT) reported net sales for the five-week ending Feb. 2, 2007 (dollars in billions).
Wal-Mart Stores sales for five week period ending 2-2-07 = $20.473 billion compared to $18.684 for the same period last year (+9.6%)
Sam's Club sales for five week period ending 2-2-07 = $3.671 billion compared to $3.531 billion for the same period last year (+4.0%)
International sales for five week period ending 2-2-07 = $7.549 billion compared to $6.418 billion for the same period last year (+17.6%)
Total Company sales for five week period ending 2-2-07 = $31.693 billion compared to $28.633 billion for the same period last year (+10.7%)
Throughout the fourth quarter, including the January five-week reporting period, sales were strong in entertainment, grocery and pharmacy. While overall sales continued to be soft in apparel and home, men's apparel had above average comps for the January period.
"Colder temperatures throughout the United States drove sales of cold weather-related items," said Eduardo Castro-Wright, Wal-Mart U.S. president and CEO.
"Comparable store sales in the United States for the February four-week period are estimated to be between 1 and 2 percent," said Tom Schoewe, Wal-Mart Stores, Inc. executive vice president and chief financial officer.
Wal-Mart Stores sales for five week period ending 2-2-07 = $20.473 billion compared to $18.684 for the same period last year (+9.6%)
Sam's Club sales for five week period ending 2-2-07 = $3.671 billion compared to $3.531 billion for the same period last year (+4.0%)
International sales for five week period ending 2-2-07 = $7.549 billion compared to $6.418 billion for the same period last year (+17.6%)
Total Company sales for five week period ending 2-2-07 = $31.693 billion compared to $28.633 billion for the same period last year (+10.7%)
Throughout the fourth quarter, including the January five-week reporting period, sales were strong in entertainment, grocery and pharmacy. While overall sales continued to be soft in apparel and home, men's apparel had above average comps for the January period.
"Colder temperatures throughout the United States drove sales of cold weather-related items," said Eduardo Castro-Wright, Wal-Mart U.S. president and CEO.
"Comparable store sales in the United States for the February four-week period are estimated to be between 1 and 2 percent," said Tom Schoewe, Wal-Mart Stores, Inc. executive vice president and chief financial officer.
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