2006 Saturday 'End of Reporting' Period Sales Summary
BENTONVILLE, Ark., Oct. 4 /PRNewswire-FirstCall/ -- Wal-Mart Stores, Inc. (NYSE: WMT) reported that the Company is updating its previous Saturday sales estimate for the September reporting period. As a result of the monthly reconciliation process that the Company undergoes to determine its comparable sales percentage, Wal-Mart is revising its U.S. comparable sales estimate for the September five-week reporting period (Saturday, Aug. 26 through Friday, Sept. 29) from 1.8 percent to 1.3 percent.
During the reconciliation process, the Company determined there were approximately 235 Wal-Mart stores and Sam's Clubs incorrectly coded for the calculation of the comparable sales estimate during the five-week reporting period. The 1.3 percent revised comparable sales estimate reflects the correction for these stores and clubs. Total sales were not affected.
The Company will issue its official sales release for the September 2006 period on Oct. 5 before the opening of the New York Stock Exchange.
Wal-Mart Stores, Inc. operates Wal-Mart discount stores, supercenters, Neighborhood Markets and Sam's Club locations in the United States. The Company operates in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Germany, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico, and the United Kingdom. The Company's securities are listed on the New York Stock Exchange and NYSE Arca, formerly the Pacific Stock Exchange, under the symbol WMT. More information about Wal-Mart can be found by visiting http://www.walmartfacts.com . Online merchandise sales are available at http://www.walmart.com .
SOURCE Wal-Mart Stores, Inc.
CONTACT: Investor Relations, +1-479-273-8446, Carol Schumacher, +1-479-277-1498, Pauline Tureman, +1-479-277-9558, or Media Relations Contact, John Simley, +1-800-331- 0085, all for Wal-Mart Stores, Inc. -0- Oct/04/2006 14:10 GMT
Last Updated: October 4, 2006 10:10 EDT
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