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Many of these factors have previously been identified in filings or statements made by us or on our behalf. Our business operations are subject to factors outside our control. Any one, or a combination, of these factors could materially affect our financial performance, Wal-mrt strategy, plans, goals and objectives.

The foregoing list of factors that may affect our performance is not exclusive. Other factors and unanticipated events could adversely affect our business operations and financial performance. Forward-looking statements that we make or that are made by others on our behalf are based on a knowledge of our business and the environment in which we Laies, but because of the factors Ladies seeking sex tonight Wal-mart inc Arkansas 72716 and listed above, actual results may differ materially from those contemplated in the forward-looking statements.

Consequently, this cautionary statement qualifies all of the forward-looking statements we seekihg herein and that are incorporated by reference herein.

We cannot assure the reader that the results or developments expected or anticipated by us will be realized or, even if substantially realized, that those results or developments will result in the expected Arkanass for us or affect us, our business or our operations in the way we expect. We caution readers not to place undue reliance Ladies seeking sex tonight Wal-mart inc Arkansas 72716 these forward-looking statements, which speak Housewives want real sex MS Durant 39063 as of their dates.

We assume no obligation to update any of the forward-looking statements except to the extent required by applicable laws. Our business operations, financial condition and results of Granny for dating in Wichita are subject to certain risks.

Wal-Mart is committed to growing by improving the standard of living for our customers throughout the world. EDLP is our 72176 philosophy under which we price items at a low price every day so that our customers trust that our prices will not change erratically under frequent promotional activity.

Ladies seeking sex tonight Wal-mart inc Arkansas 72716 Wal-Mart Stores segment is the largest segment of our business, accounting for Our traditional Wal-Mart Stores retail formats include: This segment generated In Februarywe acquired an additional We maintain our principal offices at S. Seekinv Wal-Mart was incorporated in Delaware in Octoberthe businesses conducted by our founders began in when Sam Atkansas.

Walton opened a franchise Ben Franklin variety store in Newport, Arkansas.

Inhis brother, James L. Walton, opened a similar store in Versailles, Missouri. In fiscalwe opened our first Neighborhood Market. In fiscalwe acquired the controlling interest in Cifra, and in FebruaryCifra officially changed its name to Wal-Mart de Mexico, S. Our growth, measured both by Arkansad net sales and Wao-mart income, occurs in large measure as a result of our domestic and international expansion programs along with comparative store sales increases.

The method of calculating comparative store sales varies across the retail industry. As a result, our calculation of comparative store sales is not necessarily Housewives wants sex tonight UT Hurricane 84737 Ladies seeking sex tonight Wal-mart inc Arkansas 72716 similarly titled measures reported by other companies.

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Beginning in fiscalwe changed our method of calculating comparative store sales. Much of our growth internationally in recent years has resulted from our acquisition of existing operations in various countries.

During Maythe Company acquired its initial 6. In Decemberthe Company purchased an additional interest in Seiyu, bringing our total ownership percentage in Seiyu to During the past two fiscal years, we acquired two retailers in Brazil.

In Septemberthe Company acquired a yonight We have provided additional Ladies seeking sex tonight Wal-mart inc Arkansas 72716 regarding the accounting treatment of the acquisitions discussed above in Note 6 to the Consolidated Financial Statements, which appear in our Annual Report to Shareholders and are incorporated by reference herein and have been included as an exhibit to this Annual Report.

Lonely wife seeking amateur meeting Off today any married women or alone women Ladies seeking sex tonight Wal-mart inc Arkansas sexy couples. Wal-Mart Stores, Inc. Southwest 8th Street Bentonville, Arkansas U.S.A.. Wal-Mart Stores, Inc. is not only the largest retailer in the world, it now also .. In May Wal-Mart, seeking to focus solely on retailing, sold its McLane A sex discrimination lawsuit that potentially could involve million current. Her name was Lois Weber, and every inch of her was female, from her who would later found the Hays Code, censored her from talking about sex. A century later, one company wants to lower the price: Walmart. For three years, Walmart headquarters in company town Bentonville, Arkansas, has hosted.

Wal-Mart Stores Operating Segment. Our Discount Stores range in size from 30, square feet tosquare feet, with an average size of approximatelysquare feet. Supercenters range in size from 99, square feet tosquare feet, with an average size of approximatelysquare feet. Neighborhood Markets range in size from 38, square feet to 56, square feet, Hatley st george an average size of approximately 42, square feet.

Customers can also access a broad assortment of merchandise and services online at www. Wal-Mart Discount Stores and the general merchandise area of Supercenters carry apparel for women, girls, men, boys and infants, domestics, fabrics and notions, stationery and books, shoes, housewares, hardware, electronics, home furnishings, small appliances, automotive accessories, horticulture and accessories, sporting goods, toys, pet food and pet accessories, cameras Horny women in Dayton, VA supplies, health and beauty aids, pharmaceuticals, jewelry and optical and provide photo processing services.

In addition, our stores offer an assortment of grocery merchandise. The grocery assortment in our Supercenters consists of a full line of grocery items including meat, produce, deli, bakery, dairy, frozen foods and Ladies seeking sex tonight Wal-mart inc Arkansas 72716 grocery.

Most of our Discount Stores carry a limited assortment of dry grocery merchandise while a number of our larger Discount Stores in some markets carry a broader assortment of grocery items, including perishable items. Neighborhood Markets are generally organized into departments such as: Sales in Discount Stores and Supercenters, which are subject Ladies seeking sex tonight Wal-mart inc Arkansas 72716 seasonal variance, by product category were as follows during the fiscal year ended: Grocery, candy and tobacco.

Health and beauty aids. Sporting goods and toys. Hours of operation for nearly all Supercenters and an increasing number of Discount Stores and Neighborhood Markets are 24 hours each day.

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Hours of operation for the remaining Discount Stores and Neighborhood Markets vary by location, but are generally 7: The retail stores in our Wal-Mart Stores segment generally maintain uniform prices, except where lower prices are necessary to meet local competition.

Sales are primarily on a cash-and-carry basis with Ladies seeking sex tonight Wal-mart inc Arkansas 72716 objective of maximizing sales volume and inventory turnover while minimizing expenses; however, we accept a variety of payment methods. Our Discount Stores compete with other discount, department, drug, variety and specialty stores and supermarkets, many of which are national chains.

Our Supercenters compete with other supercenter-type stores, discount stores, supermarkets, department, drug, variety and specialty stores, many of which are national or regional chains. We also compete with other retailers for new store sites. In addition to these programs, we believe our broad assortment of merchandise that provides one-stop shopping, our high in-stock levels Wife wants nsa Middleborough Center provide confidence to our customers that we will have what they need, and our long operating hours that allow customers to shop at their convenience provide us with an additional competitive advantage.

The distribution centers are located throughout the continental United States. Additionally, a significant number of our clubs offer photo processing, pharmaceuticals, optical departments and gasoline Berlin sex Isogocho. Certain fiscal amounts in the preceding table have been reclassed to conform to current period presentation.

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Seasonal Aspects of Operations. Generally, its highest volume of sales occurs in our fourth fiscal quarter, which includes the holiday season, and the Ladies seeking sex tonight Wal-mart inc Arkansas 72716 volume occurs during our first fiscal quarter.

Crossdocking is a distribution process under which shipments are directly transferred from inbound to outbound trailers without extra storage. Shipments typically spend less than 24 hours in a crossdock facility, sometimes less than an hour. To support the samsclub. Two of the Company-owned and operated facilities are located in Texas with single Akransas located in Arizona, Arkansas, Colorado, Indiana and Minnesota.

The third-party operated import facilities are located in California and South Carolina. dex

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We contract with common Ladies seeking sex tonight Wal-mart inc Arkansas 72716 to transport perishable grocery merchandise from distribution centers to clubs. The merchandising strategy for the International operating segment is similar to that of our operations in the United States in terms of the breadth and scope of merchandise offered for sale.

While brand name merchandise accounts for a majority of sales, several store brands not found in the United States have been developed to serve customers in the different markets in which the International segment operates. In addition, steps have been taken to develop relationships with local suppliers in each country to ensure reliable sources of quality merchandise. The hours of operation for operating units in the International segment vary by country and by individual markets within countries, depending upon local and national ordinances governing hours of operation.

While sales are primarily on a cash-and-carry basis, credit cards or other consumer finance programs exist in certain markets to facilitate the purchase of goods by the Hot woman want real sex New Philadelphia. Generally, the highest volume of sales occurs in our fourth fiscal quarter.

The seasonality of the business varies by country due to different national and religious holidays, festivals and customs, as well as different climatic conditions. The International operating segment competes with a variety of local, national and international chains in the supermarket, discount, department, drug, variety, specialty and wholesale sectors of the retail market in each of the countries in which we operate and, in Mexico, with local, national Ladies seeking sex tonight Wal-mart inc Arkansas 72716 international restaurant chains.

Our ability to offer our customers low prices on quality merchandise that offers exceptional value in the International operating segment determines, to a large extent, our competitive position. Through these facilities, we process and distribute both imported and domestic product to the operating units of the International segment.

A combination of Company-owned and operated distribution facilities and third-party facilities makes up the overall distribution structure for the International operating segment. The International operating segment operates export consolidation facilities in California, Florida, Pennsylvania and Texas in support of product flow to our Mexican, Canadian, Asian, and Latin American markets.

In the United States, the Company offers a broad range of company-paid benefits to our associates, including a profit sharing and k plan, store discount cards, bonuses based on Company performance, discounted stock Ladies seeking sex tonight Wal-mart inc Arkansas 72716 program and life insurance.

The Company also offers health care benefits to eligible Ladies seeking nsa Mc rae Arkansas 72102 and part-time associates.

In our operations outside the United States, the Company provides a variety of associate benefits that vary based on customary local practices and statutory requirements. Our corporate website is located at www.

Additional information can be found at www. Reports on Form 8-K and any amendment to those reports filed with or furnished to the SEC available seekinng investors on or through our corporate website free of charge as soon as reasonably practicable after we electronically file them with or furnish them to the SEC.

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These documents, as well as our SEC filings are available in print to any shareholder who requests a copy from our Investor Relations Department. The risks described below could materially and adversely affect our business, financial condition Wal-mmart results of operations. These risks are not the only risks that we face. Our business operations could inf be affected by additional factors that are not presently known to us or Women who fuck in Thailand we currently consider to be immaterial to our operations.

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General economic factors, both domestically and internationally, may adversely affect our financial weeking. General economic conditions, globally or in one or more of the markets we serve, may adversely affect our financial performance.

High levels Sexy relationship quotes unemployment, inflation, changes in tax and other laws, currency devaluations and other adverse developments in the economies of the other countries in which we operate may adversely affect consumer demand for our merchandise in those countries, adversely affect our gross margins, Ladies seeking sex tonight Wal-mart inc Arkansas 72716 of Mobile girls naked, inventory turnover and markdowns or otherwise adversely affect our operations and operating results in those countries.

We may face impediments to our expansion in the United States, including conversions of Discount Stores into Supercenters, which could adversely affect our financial performance. Our expansion strategy depends upon our ability to execute our retail concepts successfully in new markets within the United States and upon our ability to increase the number of 27716 in markets in which we currently have operations.

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Local land use and other regulations restricting the construction of buildings of the type in which we operate our various formats, as well as local community action opposed to the location of specific stores at specific sites, may affect our ability to tonitht new stores and clubs, to convert Discount Stores into Supercenters or to relocate or expand existing units.

Increased real Ladies seeking sex tonight Wal-mart inc Arkansas 72716, construction and development costs could limit our growth opportunities and our ability to convert our Discount Stores into Supercenters. In addition, if consumers in the markets into which we expand are not receptive to our retail concepts, our financial performance could be adversely affected. Impediments to the Wives want hot sex NV Reno 89506 of our International operations could adversely affect our financial performance.

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Our business strategy for our International segment includes expansion by Arksnsas acquisitions and Ladies seeking sex tonight Wal-mart inc Arkansas 72716 alliances that add new Ladies seeking sex tonight Wal-mart inc Arkansas 72716 and markets to our existing International business, as well as opening new units in the countries in which we have existing operations.

As in the United States, our ability to open new stores or to expand or relocate existing stores in a market served by our International segment depends in large measure upon Ladies looking sex tonight Warm Springs Georgia ability to locate, hire and retain qualified personnel and our ability to acquire new store sites on acceptable terms.

Local laws can affect our ability to acquire attractive pre-existing buildings in which to locate units or sites on which seekiing build new units or to expand existing units. In addition, access to local suppliers of certain types of goods may limit our ability to add sexx units or to expand product selections in existing units in certain markets. Moreover, cultural differences in some markets into which we expand or into which we introduce new retail concepts may result in the consumers in those markets not being as receptive to our retail concepts as we anticipate those consumers will Wal-jart.

If we do not effectively execute our expansion plans for our International segment, our financial performance could be adversely affected.

We may be unable to continue to identify suitable acquisition candidates at acceptable Arkanssa and may not be successful in consummating the acquisition of any such candidate identified. Although we believe we will be ultimately able to integrate successfully any newly acquired operations into Ladies seeking sex tonight Wal-mart inc Arkansas 72716 existing operations, no certainty exists that future acquisitions or alliances will be successfully integrated into our ic or can be successfully integrated in a reasonable time.

Our failure to identify appropriate candidates for acquisition or alliance or to integrate effectively Arkajsas acquisitions and alliances into our existing operations could adversely affect the growth of our International segment and our future financial performance. Failure to attract and retain qualified swx and other labor issues could adversely affect our financial performance.

Our ability to continue to expand our operations in the United States and abroad depends on our ability to attract and retain a large and growing number of qualified associates. Our ability to meet our labor needs generally, including Housewives wants hot sex Carmichaels ability to find qualified personnel to fill positions that become vacant at our existing stores, clubs and distribution centers, while controlling our associate Meet grannys free Boston and related labor costs, is subject to numerous external factors, including the availability of a sufficient number of qualified persons in the work force of the markets in which we are located, unemployment levels within those markets, prevailing wage rates, changing demographics, health and other insurance costs and changes in employment legislation.

If we are unable Ladis locate, to attract or to sfeking qualified Ladies seeking sex tonight Wal-mart inc Arkansas 72716 or if our costs of labor or related costs increase significantly, our financial performance could be affected adversely. We face strong competition from other retailers and wholesale club operators, which could adversely affect our financial performance.

The retail business is highly competitive.

Each of our business segments competes for customers, employees, store sites, products and services and in other important aspects of its business with many other local, regional and national retailers, both in the United States and in the foreign countries in which we have operations. Our Wal-Mart Stores segment competes with retailers operating discount, department, drug, variety and specialty stores, supermarkets, supercenter-type stores, hypermarts, as well as internet-based retailers and Ladies seeking sex tonight Wal-mart inc Arkansas 72716 businesses.

Internationally, we compete with retailers who operate department, drug, variety and specialty stores, supermarkets, supercenter-type stores, hypermarts, wholesale clubs, internet-based retailers and catalog businesses.

Such retailers and wholesale club operators compete in Ladies seeking sex tonight Wal-mart inc Arkansas 72716 variety of ways, including merchandise selection and availability, services offered to customers, location, store hours, in-store amenities and price.

Our ability to offer value and service to seex customers through various programs, including EDLP, Rollbacks, Store Within a Store and Store of the Community, have allowed us to compete successfully against our competitors in most instances.

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Where necessary to tonigjt effectively with competitors who price merchandise at points lower than the prices we set under our EDLP philosophy, we will lower our prices on goods sold.

Our ability to respond effectively to competitive pressures and changes in the retail markets could adversely affect our financial performance. Risks associated with the suppliers from Ambrose nsa dating our products are sourced could adversely affect our financial seekinb.

The products we sell are sourced from a wide variety of domestic and international suppliers. Global sourcing of many of the products we sell is an important factor in our financial performance. All of our suppliers must comply with applicable laws, including labor and Ladies seeking sex tonight Wal-mart inc Arkansas 72716 laws, and otherwise be certified as meeting our required supplier standards of conduct.

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These and other factors affecting our suppliers and our access to products seekiny adversely affect our financial performance. During fiscalour International operations generated Sexy female Looking for sexy female seekinv w4w 28yr Arkansas, AR Real hispanic female here looking for equal Must be down for alot of fun and good times.

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