Wal-Mart Sees 4.5% June Comp Sales Increase

Wal-Mart Stores, Inc. reported net sales for the 5-week period ending July 1, 2005, and July 2, 2004 as follows (dollars in billions):

                          5 Weeks Ended                22 Weeks Ended
                                        Percent                      Percent
                    7-1-2005  7-2-2004   Change   7-1-2005  7-2-2004  Change
   Wal-Mart Stores  $ 20.230  $ 18.111    11.7%   $ 84.573  $ 76.829   10.1%
   SAM'S CLUB          3.898     3.645     6.9%     16.291    15.379    5.9%
   International       5.865     5.216    12.4%     25.196    22.247   13.3%
    Total Company   $ 29.993  $ 26.972    11.2%   $126.060  $114.455   10.1%

Comparable sales for the periods ending July 1, 2005 and July 2, 2004, were as follows:

                         5 Weeks Ended                 22 Weeks Ended
                    7-1-2005        7-2-2004        7-1-2005      7-2-2004
   Wal-Mart Stores    4.6 %            1.4 %           3.3 %         4.2 %
   SAM'S CLUB         4.0 %            6.4 %           3.3 %         8.4 %
   Total U.S.         4.5 %            2.3 %           3.3 %         4.9 %

WMT is forecasting comparable sales in the U.S. for the July four-week period to be in the 3% to 5% range.

Tom Schoewe, Executive Vice President and Chief Financial Officer said, “We are encouraged by the higher comp store sales momentum. We do, however, continue to experience expense pressure in the quarter. Based on the results of the first two months, we believe analysts' current earnings per share consensus estimate of $0.65 for the second fiscal quarter is reasonable and within our previously stated guidance of $0.63 to $0.67.”