Wal-Mart Stores Inc. (WMT) Guides Lower
Wal-Mart Stores Inc., the world's largest retailer, said Tuesday that third-quarter earnings rose 11.5 percent, in line with expectations, and slightly lowered guidance for the year.
For the quarter ended Oct. 31, the company posted net income of $2.65 billion, or 63 cents per share, compared with $2.37 billion, or 57 cents per share, a year earlier.
Net sales totaled $83.5 billion, an increase of 12 percent from $74.6 billion the last third quarter.
For the quarter ended Oct. 31, the company posted net income of $2.65 billion, or 63 cents per share, compared with $2.37 billion, or 57 cents per share, a year earlier.
Net sales totaled $83.5 billion, an increase of 12 percent from $74.6 billion the last third quarter.
Labels: Wal-Mart, Wal-Mart earnings, WMT
posted by Stock Administrator @ 7:48 AM
0 Comments:
Post a Comment
<< Home