WAL-MART NET, SALES HIT RECORD IN THIRD QUARTER

BENTONVILLE, Ark. -- Wal-Mart Stores here said increased consumer spending and improved merchandise execution helped the company achieve a record in sales and earnings in all its divisions for the third quarter ended Oct. 31.lable.Net income rose 27.4% to $1.09 billion for the quarter and 28.2% to $2.9 billion for the nine months, the company said.The company said its Wal-Mart Stores segment, including

BENTONVILLE, Ark. -- Wal-Mart Stores here said increased consumer spending and improved merchandise execution helped the company achieve a record in sales and earnings in all its divisions for the third quarter ended Oct. 31.

lable.

Net income rose 27.4% to $1.09 billion for the quarter and 28.2% to $2.9 billion for the nine months, the company said.

The company said its Wal-Mart Stores segment, including Supercenters, had operating profit (before interest, unallocat

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