Tom Schoewe
Tom Schoewe
existing future growing growth pipeline projects sales three worth
We have just under 1,000 projects in the pipeline for the U.S. alone, or three years worth of future growth planned. We'll do it through new stores, through acquisitions and by growing sales in our existing stores.
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 customer improve operations
We believe the initiatives we are undertaking in merchandising and operations will improve the Wal-Mart customer experience.
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.
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.
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.
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.
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,
design furniture improved including items quality
Wal-Mart has improved the quality and design of many of its products, including bedding, bath, furniture and items for entertaining.
fuel prices sales store
As fuel prices go up, it dampens our store sales.
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,