Lee Scott
Lee Scott
basic buy customers money simply struggling
We can see first-hand at Wal-Mart how many of our customers are struggling to get by, ... Our customers simply don't have the money to buy basic necessities.
concern customer economic employment erase income oil portion prices
The only real economic concern I have is that oil prices will erase improvements in employment and real income for a portion of our customer base...an important portion of our customer base,
appeal category example excited great organic range wider
We are particularly excited about organic food, the fastest-growing category in all of food. It's a great example of how Wal-Mart can appeal to a wider range of customers.
allowed exist life people poorest shame shop walks
We have allowed to exist the idea that only the poorest Americans shop at Wal-Mart. Shame on us. We have people from all walks of life who shop at Wal-Mart stores.
ability apply assignment best brought confidence couple delegate develop exactly last management mike needed operations opportunity overseas people promote responsibility skills
Mike has brought to the U.S. operations exactly what was needed during the last couple of years. Mike has the ability and the management confidence to delegate responsibility to the best people in his organization, and develop and promote them. This new assignment will give us the opportunity to apply those skills to our overseas operations.
associates coverage health percent uninsured
We know this because 30 percent of our associates who have our health coverage were uninsured before they started working at Wal-Mart.
current difficult earnings economic environment expect given goal growth half improvement leverage market meet original remains sales second share year
Our goal for the second half of the year remains double-digit earnings growth,. However, given the current economic environment this will be difficult to achieve, ... We expect earnings growth in the second half will show improvement over the first half of this year as we leverage our sales and market share gains, but the growth may not meet our original goals.
confident continue earnings forward momentum record reporting sales year
We are confident our earnings momentum will continue and look forward to reporting another record year in sales and earnings,
bring business club great helped respect tom true wholesale
Tom Grimm is one of the true pioneers in the wholesale club business and we have great respect for the improvements he has helped bring to the Sam's Club member,
continues current customer difficult expense gas higher improve leverage miss plan prices stores
Wal-Mart Stores did miss their plan as our customer continues to be impacted by higher gas prices and it is difficult to improve our expense leverage in the current environment.
bills care companies control cost discourage families health lower offering quality single
These bills discourage companies from offering quality health care at a lower price. Even worse, they won't do a single thing to control the cost of health care for working families or their children.
america benefits business cannot care cost health offers soaring sustained term
The soaring cost of health care in America cannot be sustained over the long term by any business that offers health benefits to its employees.
appears concern customer economic employment erase income inflation oil portion prices
Inflation in the U.S. appears to be well under control, ... The only real economic concern I have is that oil prices will erase improvements in employment and real income for an important portion of our customer base.
cautious consumer improvement remain seems until
The consumer still seems to us to be very cautious and probably will remain so until we see improvement in employment,