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  • Wal-Mart Stores reported fourth quarter net sales of $74.5 billion, an increase of 12.2 percent over the similar prior year quarter. Income from continuing operations after minority interest and taxes for the quarter was $2.7 billion, an 11.0 percent increase from the $2.5 billion in the similar prior year quarter.

    Same store sales for the quarter were up 4.8 percent, and for the full year were up 4.1 percent.

    Net sales for the twelve months ended January 31, 2004, were a record $256.3 billion, an increase of 11.6 percent over net sales of the similar prior year period. Income from continuing operations after minority interest and taxes for the twelve months increased 13.3 percent to a record $8.9 billion.

    For the fourth quarter, the Wal-Mart Stores segment, including Supercenters, had operating profit of $3.880 billion, an increase of 8.3 percent compared with $3.584 billion in the similar period in the prior year.

    For the twelve-month period, the Wal-Mart Stores segment, including Supercenters, had operating profit of $12.916 billion, an increase of 9.1 percent as compared with operating profit of $11.840 billion in the similar period in the prior year.

    The Sam's Club segment had an operating profit for the quarter of $343 million, an increase of 17.1 percent compared with $293 million in the similar period in the prior year.

    For the twelve-month period, Sam's Club had operating profit of $1.126 billion, an increase of 10.1 percent as compared with operating profit of $1.023 billion in the similar period in the prior year.

    The International segment had an operating profit of $862 million for the most recent quarter, an increase of 15.2 percent compared with $748 million in the similar period in the prior year.

    The International segment had an operating profit of $2.370 billion for the twelve month period, an increase of 18.6 percent compared with $1.998 billion in the similar period in the prior year.

    As of January 31, 2004, the Company had 1,478 Wal-Mart stores, 1,471 Supercenters, 538 Sam's Clubs and 64 Neighborhood Markets in the United States. Internationally, the Company operated units in Argentina (11), Brazil (25), Canada (235), China (34), Germany (92), South Korea (15), Mexico (623), Puerto Rico (53) and United Kingdom (267).


  • Smart & Final reported that fourth quarter income from continuing operations reached $9.2 million, an increase of 68.3 percent from the prior year fourth quarter results of $5.4 million. ,

    Sales from continuing operations in the quarter were $444.4 million, an increase of 21.9 percent over prior year fourth quarter sales of $364.6 million. Same-store sales increased by 20.9 percent.

    The numbers were heavily influenced by the four-month-old Southern California supermarket strike.

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