Wal-Mart Stores, Inc. today reported record sales and earnings for the quarter ended Jan. 31, 2007. Net sales for the fourth quarter were US$98.090 billion, an increase of 10.9 percent over the fourth quarter of fiscal year 2006. Income from continuing operations for the quarter was US$3.940 billion, an increase of 8.8 percent from US$3.621 billion in the fourth quarter of fiscal year 2006.

Net sales for the fiscal year ended Jan. 31, 2007, were US$345 billion, an increase of 11.7 percent over fiscal year 2006. Income from continuing operations for the fiscal year ended Jan. 31, 2007, increased 6.7 percent to US$12.178 billion, up from US$11.408 billion in the prior year.

The dispositions of the Company’s operations in South Korea and Germany, completed during the third quarter of fiscal year 2007, continue to be accounted for as discontinued operations in the accompanying financial statements.

“We are extremely pleased to close fiscal year 2007 with both record sales and earnings,” said Lee Scott, Wal-Mart Stores, Inc. president and chief executive officer. “The Wal-Mart associates around the world stepped up and delivered a wonderful fourth quarter and I am encouraged by their achievements as we head into the current fiscal year. Our Company’s performance for the fiscal year was helped by a strong fourth quarter. Even if you take into account the discontinued operations, we still had record results.”