2005AnnualReport - 2005 ANNUAL REPORT Vested Interest...

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2 0 0 5 A N N U A L R E P O R T Vested Interest
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CONTENTS Vested Interest 2-10 Letter From Lee Scott 11-13 Thoughts & Comments From Rob Walton 14-15 Operational Reviews 16-21 Financial Information 22-53 Vested Interest : Whether you wear a vest in one of our stores, shop our aisles, work in our support centers, drive our trucks, help us as a supplier, or own shares in our company, we all have a vested interest in Wal-Mart’s ongoing success. This success will come from our continued allegiance to Sam Walton’s lifelong belief that our people make the difference.
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WAL - MART 2005 ANNUAL REPORT 1 Sam Walton, Founder of Wal-Mart Stores, Inc.
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2 WAL - MART 2005 ANNUAL REPORT
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Impressive numbers can describe our business, but individual lives account for our success. We look at every new location as an opportunity to improve the standard of living for the community we will serve. Consider Baldwin Hills in South Los Angeles. When we arrived, thousands of people applied for over 300 jobs. More than 300,000 customers visited the store the week we opened. More retailers have followed us, bringing even more jobs. The community’s economic vitality is returning. Simply put, what is happening in Baldwin Hills is everything that our business is about. We Serve More Than 138 Million Customers Worldwide Each Week. Vested Interest: Improving The Quality Of Life In Baldwin Hills, California.
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Vested Interest: Understanding A World Of Opportunity Still Exists. International Sales Were Over $56 Billion Last Year. Over 1,500 stores. Over 18% annual growth. And we’re just getting started. There’s hundreds of billions of dollars in opportunity to pursue and many new markets to explore. Here’s the greatest part of the story: we look different in every market – the United Kingdom, Germany, Brazil, Argentina, Puerto Rico, Mexico, China, South Korea and Canada. We also hold a minority interest in Seiyu, a Japanese retailer. Our growth is about what it’s always been about – understanding what the customer wants in each of these markets. If this sounds familiar, it’s because we’ve found that our three basic beliefs – respecting the individual, servicing our customers and striving for excellence – travel amazingly well. 4 WAL - MART 2005 ANNUAL REPORT
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Helping Keep The American Dream Alive And Well In Sleepy Hollow. SAM’S CLUB ® Is In Business For The More Than 23 Million Small Businesses In The U.S. * SAM’S CLUB is committed to fueling one of our economy’s most powerful engines – small businesses. This means stocking the merchandise small businesses need at every day low prices and providing services tailored to their unique needs. Take Jessica and Francisco Mejías, who successfully operate Los Andes Bakery, a Chilean bakery in Sleepy Hollow, NY and North Bergen, NJ. An integral part of their success has been having a convenient source for merchandise at excellent prices. They’ve found this at SAM’S CLUB, where they’ve been Members for more than a decade. *United States Small Business Administration 2003 Statistic
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This note was uploaded on 11/22/2011 for the course FIN 505 taught by Professor Chingshing during the Spring '11 term at Solano Community College.

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2005AnnualReport - 2005 ANNUAL REPORT Vested Interest...

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