BENTONVILLE, Ark. — A “post-closing adjustment” related to the sale of its struggling division in Germany reduced second-quarter earnings at Wal-Mart Stores here by $153 million, the retailer said in a regulatory filing. The loss affected by 4 cents per share earnings for the period ending July 31 and originally reported last month. Wal-Mart sold 85 stores in Germany to retailer Metro AG a year ago. It said “recent nonbinding discussions with Metro” led to the readjustment. Read More of ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Salary Survey 2015

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.

Click here to read the FAQ page if you have any questions (opens in a new window)

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.

Already registered? here.