Net sales for the Sam’s Club segment increased 1.3% and 4.9% for fiscal
2014 and 2013, respectively, when compared to the previous fiscal year.
The fiscal 2014 increase in net sales was due to year-over-year growth in
retail square feet of 2.1%, driven by the addition of 12 new clubs, as well
as positive comparable club sales of 0.3%. Our positive comparable
club sales were the result of increased member traffic primarily coming
from our Savings Members, partially offset by severe winter storms that
occurred in the fourth quarter. The net sales increase in fiscal 2013 was
primarily due to positive comparable club sales, driven by an increase
in customer traffic and average ticket. The addition of nine new clubs
in fiscal 2013 also helped increase net sales.