Medtech Insight is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Wal-Mart expands

This article was originally published in The Rose Sheet

Executive Summary

Discount retailer will open 50 to 55 new stores and 220 to 230 new Supercenters in fiscal 2004, President and CEO Lee Scott says Sept. 29. New doors will comprise 50 mil. square feet of new retail space. Company had 1,494 Wal-Mart stores, 1,386 Supercenters, in the U.S. as of Aug. 31. "We believe that the combination of square footage growth and same stores sales increases will allow us to achieve total shareholder return in the mid-term of 13 to 15 percent," Scott noted. Company also reaffirms third quarter guidance of $0.45 to $0.47 earnings per share from continuing operations...
Advertisement
Advertisement
UsernamePublicRestriction

Register

RS011572

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel