Wal-Mart fought through a recession in fiscal 2008 with net sales at U.S., Sam’s Club and international divisions of $398.3 billion, up 6.2 percent when compared with 52-week net sales as of Feb. 1, 2008.
Bentonville-based Wal-Mart Stores Inc. reported its sales ended Jan. 30 on Thursday morning.
Net sales exclude membership fees and other income. Net sales also include all stores.
Wal-Mart sales by division include:
• The Walmart U.S. division reported $17.96 billion in net sales for the month, up 6.1 percent from the same month a year ago.
For the year, the U.S. division had $253.9 billion in net sales, up 6.2 percent from the prior year.
• The Sam’s Club division had $3.13 billion in net sales for the month, down 0.8 percent when compared with the same month the prior year.
Sam’s Club had $46.5 billion in total sales for the year, up 5.1 percent from the prior year.
• The international division reported $6.65 billion in sales in January, down 7.3 percent when compared with January 2008, because of unfavorable foreign currency exchange rates.
If currency exchange rates had remained the same in January as in January 2008, the international division sales would have increased 11 percent, Wal-Mart said in its sales news release.
The international division had $97.85 billion in sales for the year, up 6.6 percent from the prior year.
Wal-Mart de Mexico will report its sales later today.
Wal-Mart also reported strong increases for same-store sales, which measure sales at stores open at least a year or longer, the standard in retail.
Sales at stores open less than a year are a less reliable indicator, as customers might shop a new store heavily out of curiosity or for the novelty factor.
Sales at Walmart U.S. stores open at least a year were up 2.7 percent in the 52 weeks ended Jan. 30. That figure remained the same whether fuel sales were included or excluded.
Sales of groceries, health and wellness items, home decor, entertainment and hardlines were strong, Walmart said in a news release.
Sales at Sam’s Club stores open at least a year were up 3.1 percent for the year excluding fuel sales and up 4.3 percent for the year when fuel sales were included.
Shares of Wal-Mart (NYSE: WMT) traded at $48.54 as of 11:52 a.m. Thursday, up $2.12, or 4.57 percent. The share price in the past 52 weeks ranged from a $63.85 high to a $46.25 low, set Monday.
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