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Home > Fortune 500 Companies > Wal Mart Stores
Wal-Mart Stores
Wal-Mart Stores Inc. is a publicly traded company with a good stock performance record. The company is also fortune 500 stock listed company trading under WMT. Wal-Mart Stores was founded in 1945 and is based in Bentonville, Arkansas.
Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The Company operates in two segments, Wal-Mart Stores and Sam’s Club. The Wal-Mart Stores segment comprises super centers, discount stores, and neighborhood markets, as well as an online retail format, Walmart.com. It offers apparel for women, girls, men, boys, and infants; domestics, fabrics, and notions; stationery and books; shoes; housewares; hardware etc. The neighborhood markets include dry grocery, meat, produce, deli, bakery, dairy, frozen foods, pharmaceuticals, photo processing, health and beauty aids etc.
The Sam’s Club segment comprises the warehouse membership clubs in the United States. It offers hardgoods, softgoods, software, electronics, jewelry, sporting goods, toys, tires, stationery and books, grocery items, and selected private labels. As of January 31, 2006, the company operated 1,209 discount stores, 1,980 super centers, 567 Sam’s Club, and 100 neighborhood markets in the United States and internationally. It operated 11 units in Argentina, 295 in Brazil, 278 in Canada, 88 in Germany, 398 in Japan, 774 in Mexico, 54 in Puerto Rico, 16 in South Korea, and 315 in the United Kingdom, as well as 56 stores through joint ventures in China, as of the above date.
Wal-Mart Stores, Inc. reported record sales and earnings for the quarter ended January 31, 2006. Net sales were 89.3 billion dollars, an increase of 8.6 percent over the fourth quarter of fiscal 2005. Net income for the quarter was 3.6 billion dollars, an increase of 13.4 percent from 3.2 billion dollars in the fourth quarter of fiscal 2005. Earnings per share were 0.86 dollar, up from 0.75 dollar per share in the same prior year quarter.
Net sales for the fiscal year ended January 31, 2006, were 312.4 billion dollar, an increase of 9.5 percent over fiscal 2005. Net income for fiscal 2006 increased 9.4 percent to a record 11.2 billion dollar, up from 10.3 billion dollar in fiscal 2005. Earnings per share for fiscal 2006 were 2.68 dollars, up from 2.41 dollars in fiscal 2005.
The company has committed themselves to the success of the business, to the pursuit of excellence, to the safety of employees, and to providing industry leading quality of service to customers.
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