2007_annual_report

2007_annual_report - 2007 Annual Report can live better....

Info iconThis preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon
2007 Annual Report
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
can live better. – Wal-Mart’s mission around the world Financial highlights Fiscal Years Ended January 31, (Dollar amounts in millions, except per share data) 2007 2006 2005 2004 2003 Net sales $ 344,992 $ 308,945 $ 281,488 $ 252,792 $ 226,479 Cost of sales $ 264,152 $ 237,649 $ 216,832 $ 195,922 $ 175,769 Income from continuing operations $ 12,178 $ 11,408 $ 10,482 $ 9,096 $ 7,940 Diluted earnings per share from continuing operations $ 2.92 $ 2.72 $ 2.46 $ 2.08 $ 1.79 Long-term debt $ 27,222 $ 26,429 $ 20,087 $ 17,088 $ 16,545 Return on assets (1) 8.8% 9.3% 9.8% 9.7% 9.6% Return on shareholders’ equity (2) 22.0% 22.9% 23.1% 22.4% 21.8% (1) Income from continuing operations before minority interest, divided by average total assets from continuing operations. (2) Income from continuing operations before minority interest, divided by average shareholders’ equity.
Background image of page 2
Shop and Enjoy Every Day Low Prices Sam Walton founded the Company in 1962 on a simple proposition – save people money so they can live better. That proposition is still synonymous with Wal-Mart because we continue to deliver on our promise of every day low prices for quality products and services. As a result, our customers around the world shop smarter. 1 “ The best part is if we work together, we’ll lower the cost of living for everyone, not just in America, but we’ll give the world an opportunity to see what it’s like to save and have a better life.” –Sam Walton
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Save on life’s essential items and more We want our customers to know that Wal-Mart is the low price leader on everyday items, as well as those products that enhance our lives. Customers shop us more often because of the values they F y nd F in our stores. That means when a senior citizen saves onhis pharmacy needs, he can cross the aisle and pick up k something special for dinner. Or when a mom comes in for her child’s school supplies, she F nds there’s money left y over to treat him to a new toy. At Sam’s Club, our members count on us to pass the savings along to them–whetherfor their small business or for their personal needs. The long-term business memberwho runs a convenience store, and visits the club weekly for his merchandise and o±ce supplies, F nds the perfect diamond when he’s ready to propose. ²rom cleaning supplies to big screen plasma televisions, customers and members count on us for great values. 2
Background image of page 4
Live a healthier life In many locations around the globe, we oFer F every day low prices on prescription medicines, over-the-counter healthcare products, fresh produce and meat, exercise equipment and more. Many of our stores have independent doctors of optometry to serve our customers’vision needs. Wealso educate consumers about various health issues, the bene±ts of early detection and the importance of good nutrition. In the United Kingdom, Asda works with our suppliers to reduce the salt content in private- label foods. An exciting announcement this past year in the United States was the roll-
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 6
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 03/28/2011 for the course ACCOUNTING 501 taught by Professor Patriciam.casey during the Spring '08 term at National.

Page1 / 68

2007_annual_report - 2007 Annual Report can live better....

This preview shows document pages 1 - 6. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online