Wal-Mart Stores' CEO Discusses Q3 2012 Results - Earnings Call Transcript

Wal-Mart Stores (NYSE:WMT) Q3 2012 Earnings Call November 15, 2011 7:00 AM ET

Executives

Jeffery Davis - Senior Vice President and Treasurer
Mike Duke - Chief Executive Officer, President, Director, Chairman of Global Compensation Committee and Chairman of Executive Committee
Carol Schumacher - Vice President of Investor Relations
William S. Simon - Executive Vice President, Chief Executive Officer of Walmart U S and President of Walmart U S
Charles M. Holley - Chief Financial Officer and Executive Vice President
Brian Cornell - Chief Executive Officer of Sam's Club and President of Sam's Club
Doug McMillon - Executive Vice President, Chief Executive Officer of International Operations and President of International Operations

Operator

Welcome to the Walmart earnings call for the third quarter of fiscal year 2012. The date of this call is November 15, 2011. This call is the property for Wal-Mart Stores Inc. and is intended for the use of Walmart shareholders and the investment community. It should not be reproduced in any way. [Operator Instructions].

This call will contain statements that Walmart believes are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and that are intended to enjoy the protection of the Safe Harbor for forward-looking statements provided by that Act. These forward-looking statements generally are identified by the use of the words or phrases anticipate, are forecasting, assumed, continue to see, continuing, expect, goal, guidance, is not expected, may be impacted, plan, planned, plans, will allow, will be, will continue, will ensure, will expand, will fall, will feature, will have, will help, will improve, will keep, will have leveraged, will lead, will leave, will make, will recruit and develop, will reduce, will remain, will see and hear and will take or a variation of one of those words or phrases in those statements or by the use of words and phrases of similar import.