BENTONVILLE, Ark. -- Wal-Mart Stores here said the company achieved record sales and earnings for the second quarter that ended July 31, though sales growth was stunted somewhat by the impact of rising fuel prices on consumer spending. H. Lee Scott Jr., president and chief executive officer, said Wal-Mart missed its sales projections for the quarter "as our customer continues to be impacted by higher gas prices, and it is difficult to improve our expense leverage in the current ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.