Tom Schoewe
Tom Schoewe
based financial near opening sales store
The financial justification of opening store B near store A is based on incremental sales generated from store B,
change drive reason share
The reason that we are going through so much change all at once right now is to drive a better share price.
expense million operating profit rose total utility
This impacted our operating profit by $30 million and our total utility expense rose by $100 million in the quarter,
fuel prices sales store
As fuel prices go up, it dampens our store sales.
middle range seems
Right now, the middle of the range seems reasonable,
performance price share track
Our share price will track our performance, ... Just give it some time.
believe middle range
Right now, I believe that the middle of the range is reasonable,
compete enters job result
When Wal-Mart enters a market, we compete with some businesses, which can result in job losses.
figure inventory love product quickly
I love the inventory turnover. But you want to know what's even more important than that? It's the product availability. If you're able to do that I think you can figure out how quickly the ROI improves.
disposable gas higher income less mean prices
Higher gas prices mean less disposable income for Wal-Mart shoppers,
bigger disposable fleet fuel gas higher impact income increase large less means paycheck prices truck whom
With a truck fleet as large as ours, higher fuel prices increase our transportation costs, ... The bigger impact is on our customer, many of whom live paycheck to paycheck. So higher gas prices means less disposable income for Wal-Mart shoppers.
anticipate april easter expected later period sales three weaker weeks year
With Easter being three weeks later this year than 2005, we expected weaker sales in March. We anticipate the April four-week period to be stronger, with comp sales of 4 to 6 percent.
earnings five good job past sales
Wal-Mart's sales have doubled and earnings have more than doubled over the past five years but we haven't done a good job in communicating that,
global market opportunity percent tremendous
Wal-Mart has only 3 percent of global market share. So there's still tremendous opportunity for expansion,