Corporate Financial Data
This Wal*Mart financial data was obtained from www.walmartstores.com->news->general information->annual reports->2004-> 2004 annual report.  Dollar amounts are in millions and represent corporate figures. Other costs not included in the cost of sales include administrative expenses, interest costs and provision for income taxes.  Fiscal year 1994 starts February 1, 1993.  Financial information for all years was restated to reflect the sale of McLane Company, a wholesale distributor of groceries and nonfood items, that occurred in fiscal 2004.
Fiscal year Net sales Net income Cost of sales
1994 63,367 2,333 50,031
1995 78,338 2,681 61,929
1996 89,051 2,737 70,485
1997 99,627 3,042 78,897
1998 112,005 3,504 88,163
1999 130,522 4,397 102,490
2000 156,249 5,324 121,825
2001 180,787 6,235 140,720
2002 204,011 6,592 159,097
2003 229,616 7,955 178,299
2004 256,329 9,054 198,747