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Wal-Mart July Sales Soar to $20.610 Billion

August 05, 04 by IDEX Online Staff Reporter

Wal-Mart Stores, the world’s biggest retailer, reports net sales for July of $20.61 billion, an increase of 10.9 percent over the $18.589 billion in the same period last year. Sales for the first six months of the year were $135.065 billion, an increase of 12.1 percent over $120.517 billion the year before.

 

The International Division's sales for July were $4.139 billion, up 17.8 percent over sales of $3.514 billion in July 2003. The Division's year to date sales of $26.386 billion were up 18.7 percent over the $22.238 billion in the similar prior-year period.

 

Sam's Club July sales were $2.707 billion, up 8.8 percent over sales of $2.487 billion in the same period last year.

 

Wal-Mart Stores operates in all fifty U.S. states. Internationally, the company operates in Puerto Rico, Canada, China, Mexico, Brazil, Germany, the United Kingdom, Argentina and South Korea.

 

Wal-Mart also owns approximately 37 percent of Seiyu with warrants to purchase up to about 69 percent of it by the end of December 2007. Seiyu operates over 400 stores located throughout Japan.

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