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4-Traders Homepage  >  Equities  >  Nyse  >  Wal-Mart Stores Inc    WMT

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Wal Mart Stores : Keeping it in the family

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03/19/2017 | 10:18pm CEST

March 19--BOONVILLE, Ind. -- Miller's 5 & 10 has been a fixture on the South Side of the Boonville Square for more than a half-century.

"My great grandfather (Leonard Miller) and grandfather (Jim Miller) started it together, father and son, in '58," J.D. Campbell said.

Jim Miller kept the store going even with what seemed like insurmountable competition from Walmart. In order to stay in business, Miller made sure he had merchandise the big box stores couldn't or wouldn't carry like Boy Scouts and Girl Scouts uniform accessories.

When Jim Miller, 83, died in 2013, the family had to decide what to do with the store. That's when his grandson, J.D. Campbell, and his wife, Jenny, got involved. A former U.S. Marine like his granddad before him, J.D. Campbell was hoping for a chance to return to Warrick County where he and his wife were raised.

"J.D. and his grandpa were really close," Jenny Campbell said. "We were looking to come back home and it all just fell into place. Different family members kept it running for three-days-a-week until we could get back here and actually open it full time again."

Figuring out how to run a business was a bit of a challenge according to Jenny Campbell. "Everything with Jim was in his head. He didn't have a computer. He didn't have anything written down. It was a lot of work trying to figure out where he got stuff from and who those people were and how he ordered."

With a couple of years under their belts, the couple are beginning to find their groove and are happy to be back home to raise their kids, Ella, 10, and Emmett, 6.

___

(c)2017 the Evansville Courier & Press (Evansville, Ind.)

Visit the Evansville Courier & Press (Evansville, Ind.) at www.courierpress.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

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Financials ($)
Sales 2018 495 129 M
EBIT 2018 22 363 M
Net income 2018 13 088 M
Debt 2018 39 105 M
Yield 2018 2,76%
P/E ratio 2018 17,31
P/E ratio 2019 16,36
EV / Sales 2018 0,54x
EV / Sales 2019 0,53x
Capitalization 227 185 M
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Mean consensus HOLD
Number of Analysts 36
Average target price 74,5 $
Spread / Average Target -0,56%
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NameTitle
C. Douglas McMillon Chief Executive Officer & Director
John Furner President
Gregory B. Penner Non-Executive Chairman
Michael J. Bender Chief Operating Officer-Global eCommerce
Brett M. Biggs Chief Financial Officer & Executive Vice President
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