Broker Name Analyst
ARGUS RESEARCH COMPANY CHRIS GRAJA
BANK OF AMERICA MERRILL LYNCH ROBERT F. OHMES
BARCLAYS KAREN SHORT
BERNSTEIN BRANDON FLETCHER
CITI KATE MCSHANE
CLEVELAND RESEARCH COMPANY SCOTT BENDER
CONSUMER EDGE RESEARCH DAVID SCHICK
COWEN AND COMPANY OLIVER CHEN
CREDIT SUISSE - NORTH AMERICA SETH SIGMAN
DAIWA CAPITAL MARKETS KAHORI TAMADA
DEUTSCHE BANK PAUL TRUSSELL
GILLIAM & CO. MAGGIE GILLIAM
GOLDMAN SACHS MATTHEW FASSLER
GORDON HASKETT CHARLES GROM
GUGGENHEIM BOB DRBUL
J.P.MORGAN CHRISTOPHER HORVERS
JEFFERIES & CO. CHRISTOPHER MANDEVILLE
KEYBANC CAPITAL MARKETS EDWARD YRUMA
LOOP CAPITAL ANDREW WOLF
MOFFETTNATHANSON LLC GREGORY MELICH
MORGAN STANLEY SIMEON GUTMAN
NORTHCOAST RESEARCH CHUCK CERANKOSKY
OPPENHEIMER & CO., INC. BRIAN NAGEL
RAYMOND JAMES BUDD BUGATCH
RBC CAPITAL MARKETS SCOT CICCARELLI
ROBERT W. BAIRD & CO. PETER BENEDICT
STEPHENS, INC BEN BIENVENU
STIFEL NICOLAUS AND COMPANY, INCORPORATED MARK ASTRACHAN
TELSEY ADVISORY GROUP JOE FELDMAN
TIBURON RESEARCH GROUP ROBERT WILSON
UBS MICHAEL LASSER
WELLS FARGO EDWARD KELLY
WOLFE RESEARCH SCOTT MUSHKIN

Walmart is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Walmart's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Walmart or its management. Walmart does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

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