BENTONVILLE, Ark. — Wal-Mart Stores here on Thursday said net earnings for its fiscal second quarter increased by 5.7%, helped along by a modest gain in U.S. sales. Net sales for the quarter ending July 31 totaled $113.5 billion, a 4.5% gain from the same period a year ago, and net earnings totaled $4 billion. U.S. sales of $67.4 billion were up by 3.8%, and U.S. comparable-store sales, excluding fuel, improved by 2.2%. Wal-Mart’s Sam’s Club division reported a 3.8% ...
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.