Brokerage Firm Analyst
ARGUS RESEARCH COMPANY CHRIS GRAJA
BANK OF AMERICA MERRILL LYNCH ROBERT F. OHMES
BARCLAYS KAREN SHORT
BERNSTEIN BRANDON FLETCHER
BMO KELLY BANIA
BUCKINGHAM RESEARCH BOB SUMMERS
CITI RESEARCH GEOFF SMALL
CLEVELAND RESEARCH COMPANY SCOTT BENDER
COWEN AND COMPANY OLIVER CHEN
CREDIT SUISSE - NORTH AMERICA SETH SIGMAN
DAIWA CAPITAL MARKETS KAHORI TAMADA
DEUTSCHE BANK PAUL TRUSSELL
EVERCORE ISI GREG MELICH
GILLIAM & CO. MAGGIE GILLIAM
GOLDMAN SACHS KATE MCSHANE
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
MORGAN STANLEY SIMEON GUTMAN
NORTHCOAST RESEARCH CHUCK CERANKOSKY
OPPENHEIMER & CO., INC. RUPESH PARIKH
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
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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