4 Weeks Ended 26 Weeks Ended
Percent Percent
7-28-2006 7-29-2005 Change 7-28-2006 7-29-2005 Change
Wal-Mart Stores $16.543 $15.260 8.4% $108.382 $99.833 8.6%
SAM'S CLUB 3.078 2.931 5.0% 20.356 19.222 5.9%
International 6.042 4.620 30.8% 37.854 29.816 27.0%
Total Company $25.663 $22.811 12.5% $166.592 $148.871 11.9%
Comparable sales for the periods ending July 28, 2006, and July 29, 2005, were as follows:
4 Weeks Ended 26 Weeks Ended
7-28-2006 7-29-2005 7-28-2006 7-29-2005
Wal-Mart Stores 2.3% 4.5% 2.6% 3.6%
SAM'S CLUB 3.1% 3.7% 3.4% 2.7%
Total U.S. 2.4% 4.4% 2.7% 3.5%
The 30.8% increase for the four-week period and the 27.0% increase for the 26-week period in International's net sales include sales from the consolidation of Seiyu and Wal-Mart Central America and the acquisition in Southern Brazil. These entities added 17.6 and 17.1 percentage points to the net sales increases in International for the four-week and 26-week periods, respectively.
"Our customers continued to prioritize spending on food and consumables and they responded early to price breaks for essential back to school supplies," said Tom Schoewe, executive vice president and chief financial officer of Wal-Mart Stores, Inc. "The timing for our back to school promotion was the same as last year and we achieved positive sales results in school supplies for the month, with strengths in crayons, pencils and theme notebooks.
"We were pleased with early customer reaction to fashion basics and room solutions for back to college. In apparel, school uniforms, screened t-shirts, fashion denim and shorts have done well," Schoewe added.
The estimate for comparable sales in the U.S. for the August four-week period is in the 1 to 3 percent range.
In July, the company opened 32 new locations. This included 25 supercenters, of which 12 were relocations or expansions of existing units, three SAM'S CLUBS, of which two were relocations or expansions of existing clubs, three Wal-Mart Neighborhood Markets and one Wal-Mart discount store.
Comparable sales that are presented in this release exclude the impact of fuel sales in the company's SAM'S CLUB segment. Fuel sales impacted the SAM'S CLUB and total U.S. comparable sales figures for the four-week period ending July 28, 2006, by 0.6 and 0.1 percentage points, respectively, and impacted the 26-week period by 0.8 and 0.1 percentage points, respectively. Including the impact of fuel sales, the SAM'S CLUB and total U.S. comparable sales figures for the four-week period ending July 28, 2006, would have been 3.7% and 2.5%, respectively, and for the 26-week period would have been 4.2% and 2.8%, respectively.
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, Germany, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico, South Korea and the United Kingdom. The company's securities are listed on the New York Stock Exchange and NYSE Arca, formerly the Pacific Stock Exchange, under the symbol WMT.
More information about Wal-Mart can be found by visiting http://www.walmartfacts.com/ .
