Non-Store Retail

Wal-Mart Stores, Inc.

The Company

Wal-Mart Stores <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: WMT)") else Response.Write("(NYSE: WMT)") end if %> is the success story of the century, arguably having more impact on retail in America than any other discount department store in history. Over the last couple of years Wal-Mart's pace of top-line growth has understandably slowed, confronted with saturated markets and a money losing international business. However, with its March unveiling of an online retail strategy to sell computer products, Wal-Mart ultimately hopes to expand its presence into other online product categories and eventually become a driving force behind the eventual success of Internet retailing.

Latest Financials

Wal-Mart Stores reported record sales for the first quarter ended April 30, 1997, of $25.4 billion, an increase of 12% over the same prior year period. Earnings per share increased 16% to $0.29 versus $0.25 for the previous year. Net income for the fiscal quarter was $652 million, up from $571 million in the same quarter in the prior year. (Go to next snapshot.)

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