Wal-Mart Reports August Sales
PR News Wire via Dow Jones
BENTONVILLE, Ark., Sept. 4 /PRNewswire/ -- Wal-Mart Stores, Inc. (NYSE: WMT)
reported net sales for the four week period ended August 29, 1997, of
$8,830,000,000, an increase of 12.6% from the $7,843,000,000 in the similar
period in the prior year. For the 30-week period ended August 29, 1997, sales
increased 11.9% to $63,042,000,000 from the $56,360,000,000 in the similar
period in the prior year.
Sam's Clubs sales for the four week period were $1,557,000,000 up 5.8% from
the $1,471,000,000 in the similar prior year period. Club sales for the 30
weeks of $11,373,000,000 were up 4.2% from the $10,915,000,000 in the similar
prior year period.
Comparable sales for the periods ended August 29, 1997, were as follows:
4 Weeks 30 Weeks
This Year Last Year This Year Last Year
Wal-Mart 7.7% 5.3% 7.0% 5.0%
Sam's Club 5.0% 0.1% 3.5% 0.7%
Total Company 7.1% 3.9% 6.2% 3.9%
As of August 31, 1997, the Company had 1,930 Wal-Mart stores, 395
Supercenters, 441 Sam's Clubs, 7 Argentina units, 7 Brazilian units, 137
Canadian Wal-Mart stores, 2 China units, 2 Indonesian Supercenters, 159 Mexican
units, and 12 Puerto Rico units.
Wal-Mart (WMT) operates in all fifty (50) states, Argentina, Canada, and
Puerto Rico, and in Brazil, China, Indonesia and Mexico under joint venture or
franchise agreements. Wal-Mart employs over 687,000 Associates in the United
States and 59,000 internationally. Its securities are listed on the New York,
Pacific and Toronto stock exchanges.
/CONTACT: Investor Relations: 501-273-8446, or Jay Fitzsimmons,
501-273-6445, or Steve Hunter, 501-273-4148, or Media: Jay Allen, 501-273-4314,
all of Wal-Mart Stores, Inc./
08:07 EDT |
