Walmart 1997 Annual Report Download - page 3

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1
TABLE OF CONTENTS
2President’s Message
4Inside Track
9Rebirth in Vermont
Wal-Mart an chors revitalized downtown
9Making miracles
Our associates’ own “Children’s Miracle”
10 Letters
11 Trivia
12 Magic Wand
Life in the technological fast lane
14 Everybody’s Hometown
Wal-Mart culture drives intern ational growth
16 The Future of Retailing
Supercenters lead way to 21st century
20 The Value Equation
Building m em bersh ip ben efits at SAM’S Club
FINANCIALS
22 11 Year Financial Summary
24 Management’s Discussion and Analysis
26 Consolidated Statements of Income
27 Consolidated Balance Sheets
28 Consolidated Statements of Shareholders’ Equity
29 Consolidated Statements of Cash Flows
37 Corporate Information
About the cover
Tracey Murph y, h er father
Bob Brown and her husband Dale
Murphy are all managers with
Wal-Mart — an d don’t forget her
brother, m other-in-law and
brother-in-law! For m ore on Tracey
and her Wal-Mart fam ily, see page 16.
Looking up
Wal-Mart’s latest
year was record-
shattering ... and the
best is yet to com e,
David Glass says in
the President’s
Message. See page 2.
Star pow er!
Washington powerh ouse
(and sculptor) Paula
Stern is just one of the
notables who lend their
know-how to Wal-Mart’s
Board of Directors. See
Inside Track, page 4.
Cutting edge
state-of-the-art
technology is a
key com petitive
advantage for
Wal-Mart. See
page 12.
Wal-Mart’s w orld
Agnes Seto is
“h aving m uch m ore
fun” now that
Wal-Mart has
expanded to Can ada
— not to m ention
six other countries
worldwide.
See page 14.