FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         	UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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                      	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940	                      	

1. Name and Address of Reporting Person *

WALTON S ROBSON	2. Issuer Name and Ticker or Trading Symbol

WAL MART STORES INC [ WMT ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      __ X __ Other (specify below)
Chairman of the Board (1) / Chairman of the Board (1)	
(Last)          (First)          (Middle)

702 SOUTHWEST 8TH STREET	3. Date of Earliest Transaction (MM/DD/YYYY)

9/16/2004		
(Street)

BENTONVILLE, AR 72712
(City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)

 	6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person	

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned	
1.Title of Security
(Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code
(Instr. 8)	4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)	5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)	
			Code	V	Amount	(A) or (D)	Price				
Common Stock  	 	 	 	  	 	 	 	2805179.00  	D   (1)	 	
Common Stock  	9/16/2004  	9/16/2004  	S	  	17300.00  	D	$52.76  	4660926.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	16200.00  	D	$52.77  	4644726.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	62800.00  	D	$52.78  	4581926.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	11100.00  	D	$52.79  	4570826.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	247600.00  	D	$52.80  	4323226.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	84500.00  	D	$52.81  	4238726.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	29400.00  	D	$52.82  	4209326.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	14200.00  	D	$52.83  	4195126.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	7200.00  	D	$52.84  	4187926.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	4400.00  	D	$52.85  	4183526.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	6200.00  	D	$52.86  	4177326.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	13400.00  	D	$52.87  	4163926.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	55700.00  	D	$52.88  	4108226.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	19100.00  	D	$52.89  	4089126.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	23700.00  	D	$52.90  	4065426.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	2600.00  	D	$52.91  	4062826.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	6900.00  	D	$52.92  	4055926.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	800.00  	D	$52.93  	4055126.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	2400.00  	D	$52.94  	4052726.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	1800.00  	D	$52.95  	4050926.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	800.00  	D	$52.96  	4050126.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	800.00  	D	$52.97  	4049326.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	800.00  	D	$52.98  	4048526.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	1800.00  	D	$53.00  	4046726.00  	I   (2)	As Trustee  	
Common Stock  	9/16/2004  	9/16/2004  	S	  	1800.00  	D	$53.02  	4044926.00  	I   (2)	As Trustee  	
Common Stock  	 	 	 	  	 	 	 	57387.00  	I   (3)	By ESOP  	
Common Stock  	 	 	 	  	 	 	 	1680506739.00  	I   (4)	By Limited Liability Company  	
Common Stock  	 	 	 	  	 	 	 	1810632.00  	I   (5)	By Partnership  	

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)	
1. Title of Derivate Security
(Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code
(Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)	6. Date Exercisable and Expiration Date	7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)	8. Price of Derivative Security
(Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)	
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares					

Explanation of Responses:	
(  1) 	See attached Footnote 1.	
(  2) 	See attached Footnote 2.	
(  3) 	See attached Footnote 3.	
(  4) 	See attached Footnote 4.	
(  5) 	See attached Footnote 5.	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
WALTON S ROBSON
702 SOUTHWEST 8TH STREET
BENTONVILLE, AR 72712	X		Chairman of the Board (1)	Chairman of the Board (1)	

Signatures		
/s/ Samuel Guess, By Power of Attorney		9/20/2004	
** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.	
*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).	
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.	
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.	

Footnotes
1. The reporting person is a member of a Section 13(g) group that owns more than 10% of the issuer's outstanding common stock.
2. The reporting person has no direct pecuniary interest in this charitable trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his indirect pecuniary interest.
3. The reporting person is a participant in Wal-Mart's (the "Company") Profit Sharing Plan (the "Plan"), an employee stock ownership plan, which invests Plan assets primarily in the stock of the Company. Each participant's account is valued quarterly based on the price of the Company stock at the end of the quarter. Due to changes in the Company's stock price, as well as changes in the percentage of Plan assets invested in Company stock, total shares credited to the reporting person's account may have decreased. The information reported herein is based on a Plan statement dated 09/15/04.
4. The reporting person is a member of Walton Enterprises, Limited Liability Company ("LLC"), the LLC that owns the reported securities. The reporting person disclaims beneficial ownership of the reported securities held by the LLC except to the extent of his pecuniary interests therein.
5. The reporting person is a partner of the partnership that owns the reported securities. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interests therein.