WMT is a great hedge against the tech market, isn't it?
Pushing 50 today.
Feb. Retail Sales Summary: AEOS KM NMG JCP S WMT
Dow Jones News Service via Dow Jones
The following companies are among those reporting February retail sales
Thursday:
Same-
Total Store
American Eagle Outfitters AEOS 49.9% 40.3%
K Mart Corp. KM 3.5% 5.6%
Neiman Marcus Group Inc. NMG 5.6% 3.4%
Penney (J.C.) Inc. JCP 5.0% 1.1%
Sears, Roebuck & Co. S 6.5% 4.7%
Wal-Mart Stores Inc. WMT 18.3% 9.8%
Figures in parentheses indicate a decrease in sales from the year-earlier
period. N.A. = not available.
(END) DOW JONES NEWS 03-05-98
Wal-Mart Reports February Sales
PR News Wire via Dow Jones
BENTONVILLE, Ark., March 5 /PRNewswire/ -- Wal-Mart Stores, Inc. (NYSE: WMT),
reported net sales for the four week period ended Friday, February 27, 1998, of
$9,097,000,000, an increase of 18.3% from the $7,692,000,000 in the similar
period in the prior year.
Sam's Clubs sales for the four week period were $1,541,000,000, up 6.9% from
the $1,442,000,000 in the similar prior year period. Comparable sales were
as follows:
4 Weeks
This Year Last Year
Wal-Mart 11.0% 6.8%
Sam's Club 5.5% 6.6%
Total Company 9.8% 6.7%
As of February 28, 1998, the Company had 1,917 Wal-Mart stores, 445
Supercenters, and 443 Sam's Clubs in the United States. Internationally, the
Company operated units in Argentina (9), Brazil (8), Canada (144), Germany (21),
Mexico (405), and Puerto Rico (14), and under a joint venture agreement in China
(3). Wal-Mart employs more than 720,000 Associates in the U.S. and 105,000
internationally. Its securities are listed on the New York and Pacific stock
exchanges.
/CONTACT: Investor Relations: 501-273-8446, or Jay Fitzsimmons,
501-273-6445, or Steve Hunter, 501-277-9558, or Media: Jay Allen, 501-273-4314,
all of Wal-Mart Stores, Inc./
07:55 EST |
