WAL-MART POSTS RECORD EARNINGS FOR QUARTER, YEAR

BENTONVILLE, Ark. -- Wal-Mart Stores here said last week it achieved earnings records for the year and fourth quarter ended Jan. 31 -- more than $6 billion of net income for the year and $2 billion of net income for the 13-week quarter.Sales for the year rose 15.9% to $191.3 billion and net income jumped 17.1% to $6.3 billion. For the quarter, sales were up 10% to $56.6 billion and net income increased

BENTONVILLE, Ark. -- Wal-Mart Stores here said last week it achieved earnings records for the year and fourth quarter ended Jan. 31 -- more than $6 billion of net income for the year and $2 billion of net income for the 13-week quarter.

Sales for the year rose 15.9% to $191.3 billion and net income jumped 17.1% to $6.3 billion. For the quarter, sales were up 10% to $56.6 billion and net income increased 4.5% to $2 billion.

The company did not release comparable sales for the y

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