Heard during Wal-Mart's (WMT +0.6%) presentation at the Raymond James Institutional Investors...

|About: Wal-Mart Stores, Inc. (WMT)|By:, SA News Editor

Heard during Wal-Mart's (WMT +0.6%) presentation at the Raymond James Institutional Investors Conference: 1) On store growth: 129 supercenters are planned for FY13 and ~125 for FY14 while 76 small format stores are scheduled to open in FY13 and 95-115 in FY14. 2) The small format (Express & Neighborhood Market) beats dollar stores online and in quality perception, while also helping Wal-mart beat grocers and drugstores on pricing. 3) Electronics can be moved. +700K 32-inch TVs sold (online and in stores) in Black Friday deal. 4) Innovation will pay dividends, say execs. Look for the Polaris search engine and same day delivery options to deliver results. (webcast)