EXHIBIT 23
CONSENT OF INDEPENDENT AUDITORS


We consent to the incorporation by reference in this Annual Report
(Form 10-K) of Wal-Mart Stores, Inc. of our report dated March 21, 1997,
included in the 1997 Annual Report to Shareholders of Wal-Mart Stores, Inc.

We also consent to the incorporation by reference of our report dated
March 21, 1997, with respect to the consolidated financial statements of
Wal-Mart Stores, Inc. incorporated by reference in this Annual Report (Form
10-K) for the year ended January 31, 1997, in the following registration
statements and related prospectuses.


The Wholesale Club, Inc.
Incentive Stock Option Plan
of Wal-Mart Stores, Inc. Form S-8 File No. 33-42617

Associate Stock Purchase Plan
of Wal-Mart Stores, Inc. Form S-8 File No. 2-64662

Stock Option Plan of 1984 of
Wal-Mart Stores, Inc., as Form S-8 File No. 2-94358
amended and 33-43315

Stock Option Plan of 1994 of
Wal-Mart Stores, Inc. Form S-8 File No. 33-55325

Debt Securities and Pass-
Through Certificates of
Wal-Mart Stores, Inc. Form S-3 File No. 33-55725

Director Compensation Plan
of Wal-Mart Stores, Inc. Form S-8 File No. 333-24259

Debt Securities of Wal-Mart
Stores, Inc. Form S-3 File No. 33-53125

Dividend Reinvestment and
Stock Purchase Plan of
Wal-Mart Stores, Inc. Form S-3 File No. 333-2089



ERNST & YOUNG LLP


Tulsa, Oklahoma
April 18, 1997