Wal-Mart Stores, Inc. reported net sales for the five-week period ending April 4, 2003, of $23.175 billion, an increase of 7.8 percent over the $21.489 billion in the similar period in the prior year. Sales for the nine-week period were $41.971 billion, an increase of 8.5 percent over $38.696 billion in the similar period in the prior year.
The Wal-Mart division’s sales for the five-week period were $14.951 billion, up 7.2 percent over sales of $13.947 billion in the similar prior-year period. The division’s sales for the nine weeks of $27.123 billion were up 8.3 percent over the $25.053 billion in the similar prior-year period.
SAM’s CLUB sales for the five-week period were $3.098 billion, up 7.6 percent over sales of $2.879 billion in the similar prior-year period. Club sales for the nine weeks of $5.523 billion were up 7.8 percent over the $5.123 billion in the similar prior-year period.
The International division’s sales for the five-week period were $4.064 billion, up 12.8 percent over sales of $3.603 billion in the similar prior-year period. The division’s sales for the nine weeks of $7.219 billion were up 13.0 percent over the $6.387 billion in the similar prior-year period.
Comparable sales for the period ending April 4, 2003, were as follows:
5 Weeks 9 Weeks
This Year Last Year This Year Last Year
Wal-Mart 0.3 % 10.7 % 1.3 % 10.9 %
SAM's CLUB 2.6 % 4.1 % 2.5 % 4.9 %
Total US Retail 0.7 % 9.5 % 1.5 % 9.8 %
As of March 31, 2003, the Company had 1,555 Wal-Mart stores, 1,288 Supercenters, 525 SAM’s CLUBS and 50 Neighborhood Markets in the United States. Internationally, the Company operated units in Argentina (11), Brazil (22), Canada (213), China (26), Germany (94), South Korea (15), Mexico (599), Puerto Rico (54) and United Kingdom (259).
Wal-Mart also owns a 35% interest in Seiyu, Ltd. with options to purchase up to 66.7% of that company. Seiyu operates over 400 stores located throughout Japan.
