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Wal-Mart is the number 1 retail in Canada and Mexico. The company also owns nearly 38% of Japanese supermarket chain SEIYU.
Wal-Mart generated a solid performance for the fiscal year 2004 ended January 31th. Here are some important numbers:
O Net sales increased from 229.6 billion to 256.3 billion (+ 11.6%).
OTotal asset increase 10.7% to 104.9 billion.
OWhen compared to fiscal year 2003, Wal-Mart stores segment experience a 9.1% increase in operating profit and a 10.9% increase in sales in fiscal year 2004
ODomestic expansion resulted from the addition of 139 new discount stores, Supercenters and Neighborhood markets, as well as 130 conversion and/or relocation from Discount stores to Supecenters...
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