Tom Schoewe
Tom Schoewe
fuel prices sales store
As fuel prices go up, it dampens our store sales.
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,
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.
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.
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.
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.
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.
believe customer improve operations
We believe the initiatives we are undertaking in merchandising and operations will improve the Wal-Mart customer experience.
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.
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,