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[photo-3d] Walmart...


  • From: Ron Beck <rbeck@xxxxxxxx>
  • Subject: [photo-3d] Walmart...
  • Date: Tue, 09 May 2000 09:58:17 -0500

I found this information regarding Walmart today.  Just wanted to let
you know that there are a lot of them out there.

> Wal-Mart's Profits Beat Estimates
>  May 9, 2000 10:07 am EST
> 
>  BENTONVILLE, Ark. (Reuters) - Wal-Mart Stores Inc. (WMT.N), the
>  world's largest retailer, on Tuesday reported a 24 percent jump in
>  first-quarter sales, while earnings rose almost 45 percent,
>  exceeding Wall Street expectations. 
> 
>  Wal-Mart reported net income of $1.33 billion in the quarter, ended
>  April 30, up from $916 million in the year-earlier quarter. Per share
>  earnings rose 50 percent, to 30 cents per diluted share from 20
>  cents last year. 
> 
>  A poll of Wall Street analysts by First Call/Thomson Financial
>  pegged the retailing giant's first-quarter earnings at 29 cents a
>  share. 
> 
>  Total sales were $42.98 billion, an increase of almost 24 percent
>  over sales of $34.72 billion a year ago. 
> 
>  Last year's first-quarter earnings were reduced by a one-time
>  non-cash charge of about 4 cents per share from an accounting
>  change. 
> 
>  As of April 30, Wal-Mart had about 1,784 Wal-Mart discount
>  stores, 753 Supercenters, and 465 Sam's Club warehouse stores in
>  the United States. The company also has stores in Argentina,
>  Brazil, Canada, China, Germany, Korea, Mexico and the United
>  Kingdom.

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