Wal-Mart Stores July same-store sales rise
BENTONVILLE, Ark., Aug 5 (Reuters) - Wal-Mart Stores, Inc. said Thursday that July net sales totaled $11.3 billion, an increase of 16.3 percent over last year's $9.7 billion, while total company same-store sales rose 9.6 percent.
Sales for the twenty-six week period were $73.6 billion, up 15.2 percent from $63.9 billion last year.
Comparable sales for the periods ended July 30, 1999, were as follows:
4 Weeks 26 Weeks
This Year Last Year This Year Last Year
Wal-Mart 9.9% 7.2% 8.6% 9.4%
Sam's Club 8.4% 6.8% 7.2% 8.9%
Total Company 9.6% 7.1% 8.3% 9.2%
Sam's Clubs sales for the four week period were $1,779,000,000, up 10 percent from sales of $1,618,000,000 in the similar prior year period. Club sales for the twenty-six weeks of $11,802,000,000 were up 9.1 percent from the $10,818,000,000 in the similar prior year period.
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