Walmart 2009 Annual Report Download - page 52

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50 Wal-Mart 2009 Annual Report
Notes to Consolidated Financial Statements
12 Quarterly Financial Data (Unaudited)
Quarters Ended
(Amounts in millions except per share data) April 30, July 31, October 31, January 31,
Fiscal 2009
Net sales $94,070 $101,544 $97,634 $107,996
Cost of sales 71,845 77,599 74,114 82,601
Gross pro t 22,225 23,945 23,520 25,395
Income from continuing operations 3,029 3,401 3,033 3,792
(Loss) income from discontinued operations, net of tax (7) 48 105 —
Net income $ 3,022 $ 3,449 $ 3,138 $ 3,792
Basic net income per common share:
Basic income per common share from continuing operations $ 0.77 $0.86 $ 0.77 $ 0.97
Basic (loss) income per common share from discontinued operations (0.01) 0.01 0.03 —
Basic net income per common share $ 0.76 $ 0.87 $ 0.80 $ 0.97
Diluted net income per common share:
Diluted income per common share from continuing operations $ 0.76 $ 0.86 $ 0.77 $ 0.96
Diluted income per common share from discontinued operations — 0.01 0.03 —
Diluted net income per common share $ 0.76 $ 0.87 $ 0.80 $ 0.96
Fiscal 2008
Net sales $ 85,335 $ 91,938 $ 90,826 $ 106,208
Cost of sales 65,271 70,551 69,251 81,277
Gross pro t 20,064 21,387 21,575 24,931
Income from continuing operations 2,806 3,101 2,846 4,110
Income (loss) from discontinued operations, net of tax 20 (149) 11 (14)
Net income $ 2,826 $ 2,952 $ 2,857 $ 4,096
Basic net income per common share:
Basic income per common share from continuing operations $ 0.68 $ 0.76 $ 0.70 $ 1.03
Basic income (loss) per common share from discontinued operations 0.01 (0.04) 0.01 —
Basic net income per common share $ 0.69 $ 0.72 $ 0.71 $ 1.03
Diluted net income per common share:
Diluted income per common share from continuing operations $ 0.68 $ 0.75 $ 0.70 $ 1.03
Diluted loss per common share from discontinued operations — (0.03) — (0.01)
Diluted net income per common share $ 0.68 $ 0.72 $ 0.70 $ 1.02
The sum of quarterly  nancial data may not agree to annual amounts due to rounding.