Brokerage Firm Analyst
ARGUS CHRISTOPHER GRAJA
BAPTISTA RESEARCH ISHAN MAJUMDAR
BANK OF AMERICA MERRILL LYNCH ROBERT F. OHMES
BARCLAYS KAREN SHORT
BERNSTEIN BRANDON FLETCHER
BMO KELLY BANIA
CITI RESEARCH PAUL LEJUEZ
CLEVELAND RESEARCH COMPANY SCOTT BENDER
COWEN AND COMPANY OLIVER CHEN
CREDIT SUISSE - NORTH AMERICA ROBERT MOSKOW
D.A. DAVIDSON MICHAEL BAKER
DAIWA CAPITAL MARKETS KAHORI TAMADA
DEUTSCHE BANK KRISZTINA KATAI
EDGEWATER RESEARCH DARYL BOEHRINGER
EVERCORE ISI GREG MELICH
GILLIAM & CO. MAGGIE GILLIAM
GOLDMAN SACHS KATE MCSHANE
GORDON HASKETT CHUCK GROM
GUGGENHEIM BOB DRBUL
J.P.MORGAN CHRISTOPHER HORVERS
JEFFERIES & CO. STEPHANIE WISSINK
KEYBANC CAPITAL MARKETS EDWARD YRUMA
MKM PARTNERS BILL KIRK
MORGAN STANLEY SIMEON GUTMAN
OPPENHEIMER & CO., INC. RUPESH PARIKH
R5 CAPITAL SCOTT MUSHKIN
RAYMOND JAMES BOBBY GRIFFIN
ROBERT W. BAIRD & CO. PETER BENEDICT
STEPHENS, INC BEN BIENVENU
STIFEL MARK ASTRACHAN
TELSEY ADVISORY GROUP JOE FELDMAN
UBS MICHAEL LASSER
WELLS FARGO EDWARD KELLY
WOLFE RESEARCH GREG BADISHKANIAN

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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