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WAL-MART 2005 ANNUAL REPORT 49
12 Quarterly Financial Data (Unaudited)
Quarters ended
Amounts in millions except per share information April 30, July 31, October 31, January 31,
2005
Net sales $64,763 $69,722 $68,520 $82,216
Cost of sales 49,969 53,533 52,567 63,723
Income from continuing operations 2,166 2,651 2,286 3,164
Net income $ 2,166 $ 2,651 $ 2,286 $ 3,164
Basic and diluted net income per common share $ 0.50 $ 0.62 $ 0.54 $ 0.75
2004
Net sales $56,718 $62,637 $62,480 $74,494
Cost of sales 43,918 48,298 48,292 58,239
Income from continuing operations 1,830 2,283 2,028 2,722
Income from discontinued operation 31 161 – –
Net income $ 1,861 $ 2,444 $ 2,028 $ 2,722
Basic net income per common share:
Income from continuing operations $ 0.41 $ 0.52 $ 0.46 $ 0.63
Income from discontinued operation 0.01 0.04 – –
Basic net income per common share $ 0.42 $ 0.56 $ 0.46 $ 0.63
Diluted net income per common share:
Income from continuing operations $ 0.41 $ 0.52 $ 0.46 $ 0.63
Income from discontinued operation 0.01 0.04 – –
Diluted net income per common share $ 0.42 $ 0.56 $ 0.46 $ 0.63
The sum of quarterly financial data will not agree to annual amounts due to rounding.
13 Subsequent Event
On March 3, 2005, the company’s Board of Directors approved an annual dividend of $0.60 per share. The annual dividend will be paid
in four quarterly installments on April 4, 2005, June 6, 2005, September 6, 2005, and January 3, 2006 to holders of record on March
18, May 20, August 19 and December 16, 2005, respectively.