BENTONVILLE, Ark. — Wal-Mart Stores here said yesterday earnings were flat and sales were down for the first quarter ended April 30, with a slowdown in food inflation having a modest impact on U.S. grocery sales. “While we believe our grocery business continues to out-perform leading competitors and is benefiting from increased distribution of government assistance programs, grocery comp sales are being modestly impacted by a slowdown in inflation,” Eduardo Castro-Wright, vice chairman, ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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 grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.