Wal-Mart Stores, Inc. reported that total company net sales for fiscal September were $28.2 billion, up 9.7% from $25.7 last year. Total company comparable store sales 3.8%.
Sales by Division (in billions):
5 Weeks Ended 35 Weeks Ended
Percent Percent
9-30-2005 10-1-2004 Change 9-30-2005 10-1-2004 Change
Wal-Mart Stores $18.618 $17.169 8.4% $134.160 $122.058 9.9%
SAM'S CLUB 3.789 3.394 11.6% 26.014 24.236 7.3%
International 5.835 5.176 12.7% 40.265 35.709 12.8%
Total Company $28.242 $25.739 9.7% $200.439 $182.003 10.1%
Comparable sales for the periods ending September 30, 2005 and October 1, 2004, were as follows:
5 Weeks Ended 35 Weeks Ended
9-30-2005 10-1-2004 9-30-2005 10-1-2004
Wal-Mart Stores 2.6% 2.1% 3.3% 3.3%
SAM'S CLUB 9.8% 4.5% 4.9% 7.1%
Total U.S. 3.8% 2.5% 3.5% 3.9%
SAM'S CLUB comparable sales without gasoline sales would have been 6.3% for the September 5-week period. Total U.S. comparable sales would have been 3.2% without the SAM'S gasoline sales. During the 5-week and 35-week periods, Wal-Mart Stores, Inc. added over $2.5 billion and $18.4 billion in sales, respectively.
We estimate comparable sales in the U.S. for the October four-week period to be in the 2 to 4 percent range.
Tom Schoewe, EVP and CFO said, “During the current quarter, many of our customers, associates and communities were deeply affected by hurricanes Katrina and Rita. We dedicated our resources to assist in the recovery. Toward that objective, we made cash and merchandise contributions but also incurred additional associate, logistics and operational costs. The impact of these hurricanes on the third quarter will decrease earnings by approximately a penny per share.”
Despite the financial impact of the hurricanes, our earnings per share guidance remains at $0.55 to $0.59 for the third fiscal quarter.
