Wal-Mart Stores, Inc. net sales for the month ending April 28, 2006, increased 13.7% to $16.864 billion. Comparable store sales increased 7.3%.
4 Weeks Ended 13 Weeks Ended Percent Percent 4-28-2006 4-29-2005 Change 4-28-2006 4-29-2005 Change Wal-Mart Stores $16.864 $14.829 13.7% $53.468 $48.646 9.9% SAM'S CLUB 3.122 2.943 6.1% 9.943 9.329 6.6% International 5.885 4.530 29.9% 18.113 14.671 23.5% Total Company $25.871 $22.302 16.0% $81.524 $72.646 12.2%
Comparable sales for the periods ending April 28, 2006, and April 29,
2005, were as follows:
4 Weeks Ended 13 Weeks Ended 4-28-2006 4-29-2005 4-28-2006 4-29-2005 Wal-Mart Stores 7.3% 0.1% 3.4% 3.0% SAM'S CLUB 3.8% 3.4% 4.3% 2.3% Total U.S. 6.8% 0.7% 3.6% 2.9%
Due to the Easter shift and SAM'S CLUB being closed on Easter, sales for the SAM'S CLUB segment contained one less day than last year.
The 29.9% increase for the 4-week period and the 23.5% increase for the 13-week period in International includes the impact of three transactions in the fourth quarter of Fiscal Year 2006. These transactions include:
- the consolidation of The Seiyu, Ltd., of which Wal-Mart now owns
approximately 53%. - the purchase of Sonae Distribuicao Brasil, S.A., now referred to as
Southern Brazil. - the purchase of one-third of the Central American Retail Holding
Company, or CARHCO. The Company now owns 51% of that company, which is
now operated as Wal-Mart Central America.
“With a 6.8 comp in April, we were pleased with strong seasonal sales for Easter,” said Tom Schoewe, Wal-Mart Stores, Inc. executive vice president and chief financial officer. “Rising fuel costs were overshadowed by the customers' response to merchandise in apparel for the entire family and consumables.
“April was a strong month for toys, from traditional items like dolls, balls and outdoor toys to electronics,” Schoewe said. “We have seen customers buying more toys, video games, music and movies, in addition to candy, to fill Easter baskets.”
Schoewe added that during the 4-week and 13-week periods, Wal-Mart Stores, Inc. increased its sales by more than $3.5 billion and $8.8 billion, respectively.
The Company estimates comparable sales in the U.S. for the May 4-week period to be in the 2 to 4% range.