FOOD SALES PERFORMANCE DRIVES WAL-MART RESULTS

BENTONVILLE, Ark. -- Wal-Mart Stores here said last week the growth in food sales and comparable-store sales at the company's 1,066 supercenters outpaced the company's total revenues for the year and fourth quarter ended Jan. 31 -- a situation likely to continue for the next few years, industry analysts told SN.Food sales rose 34% for the year, compared with an increase of 13.8% in the company's overall

BENTONVILLE, Ark. -- Wal-Mart Stores here said last week the growth in food sales and comparable-store sales at the company's 1,066 supercenters outpaced the company's total revenues for the year and fourth quarter ended Jan. 31 -- a situation likely to continue for the next few years, industry analysts told SN.

Food sales rose 34% for the year, compared with an increase of 13.8% in the company's overall sales, and supercenter comp sales climbed 10%, compared with a 5.8% boost for the

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TAGS: Walmart