Wal-Mart Comparable store sales in apparel improves
13 Dec '07
2 min read
An increase in gas prices over last November of almost 40 percent, combined with higher volume fuel sales versus the prior year period, resulted in a positive 2.8 percent fuel impact on Sam's Club's comparable club sales. Increases in average ticket and small business traffic drove comparable club sales performance.
International: During the November period, the Company's operations in the United Kingdom, Brazil, China and Argentina continued their recent positive performance. A weak consumption environment continues to affect sales growth figures in Mexico, particularly in terms of average ticket. However, the customer count for Mexico's units continues to increase.
Guidance: The Company expects the comparable store sales of its U.S. operations for the December five-week reporting period to be between one and three percent, said Tom Schoewe, executive vice president and chief financial officer. The December five-week period runs from Dec. 1, 2007 through Jan. 4, 2008.
marketing@alchempro.com
