WAL-MART STORES REPORTS DECEMBER SALES
WAL-MART STORES REPORTS DECEMBER SALES BENTONVILLE, Ark., Jan. 3 /PRNewswire/ -- Wal-Mart Stores, Inc.
(NYSE: WMT; PSE) today reported net sales for the month of December of $5,862,000,000, an increase of 26 percent from sales of $4,644,000,000 in the same period a year earlier.
For the 11 months ending Dec. 31, sales increased 35 percent to $40,579,000,000 from $30,107,000,000 for the same period a year ago. Wal-Mart's net sales include the December results of the McLane subsidiary of $371,000,000, and year-to-date sales of $2,292,000,000, as compared to December and year-to-date sales of $174,000,000 a year earlier. Excluding these sales, net sales would be $5,491,000,000, an increase of 23 percent for the month and $38,287,000,000, an increase of 28 percent for the year. Same store sales increased 5 percent for the month of December and 10 percent for the 11 months ended Dec. 31. Sam's Clubs had sales of $1,175,000,000, up 34 percent for the month, and $8,669,000,000, up 43 percent for the 11 months ended Dec. 31. Same club sales increased 3 percent for the month and 14 percent for the 11 months. The company had 1,699 Wal-Mart stores (includes six Supercenter stores), 204 Sam's Clubs and four Hypermart*USA units in operation at Dec. 31, compared with 1,537 Wal-Mart stores (includes five Supercenter stores), 147 Sam's Clubs and four Hypermart*USA units a year ago. Wal-Mart operates in a 41-state trade area, and its securities are listed on the New York and Pacific stock exchanges. -0- 1/3/92 /CONTACT: Paul R. Carter of Wal-Mart Stores, 501-273-4184/ (WMT) CO: Wal-Mart Stores, Inc. ST: Arkansas IN: REA SU:
BN-CF -- AT001 -- 6384 01/03/92 08:48 EST
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|Date:||Jan 3, 1992|
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