Wal-Mart Stores, Inc. reported net sales for the four-week period ending February 24, 2006, and February 25, 2005, as follows (dollars in billions):
4 Weeks Ended
2-24-2006 2-25-2005 Percent
Change
Wal-Mart Stores $16.652 $15.134 10.0%
SAM'S CLUB 3.038 2.823 7.6%
International 5.344 4.411 21.2%
Total Company $25.034 $22.368 11.9%
Comparable sales for the periods ending February 24, 2006, and February 25, 2005, were as follows:
4 Weeks Ended
2-24-2006 2-25-2005
Wal-Mart Stores 2.9% 4.2 %
SAM'S CLUB 4.6% 3.1 %
Total U.S. 3.2% 4.1 %
The 21.2% increase in international includes sales from the consolidation of Seiyu and our acquisition in Southern Brazil.
Comparable sales exclude the impact of fuel sales in the SAM'S CLUB segment. Fuel sales impacted the SAM'S CLUB and total U.S. comparable sales figures for the period ending February 24, 2006, by 0.7 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 period ending February 24, 2006, would have been 5.3% and 3.3%, respectively.
During the four-week period, Wal-Mart Stores, Inc. added more than $2.6 billion in sales.
“For this quarter, we reiterate our U.S. comp sales outlook of 2 to 4 percent,” said Wal-Mart Stores Chief Financial Officer Tom Schoewe. “Within the quarter, Easter is three weeks later this year, which will likely result in a weaker March and a stronger April. Due to this shift, we estimate comp store sales in the U.S. for the March five-week period to be between 1 and 3 percent.”
Food and consumable sales continued to outpace general merchandise during February, he added.
