WAL-MART PROFIT UP 44.7%, VOLUME 24% IN FIRST QUARTER

BENTONVILLE, Ark. -- Wal-Mart Stores here rode a sales increase of 24% to a 44.7% earnings gain for its fiscal first quarter ended April 30.Market grocery stores and its combination Supercenters, gained 15.1% for the quarter to $27.5 billion. Wal-Mart's international division gained 118.7% to $7.2 billion, the company said. Its international sales were boosted by the acquisition of the Asda chain

BENTONVILLE, Ark. -- Wal-Mart Stores here rode a sales increase of 24% to a 44.7% earnings gain for its fiscal first quarter ended April 30.

Market grocery stores and its combination Supercenters, gained 15.1% for the quarter to $27.5 billion. Wal-Mart's international division gained 118.7% to $7.2 billion, the company said. Its international sales were boosted by the acquisition of the Asda chain last year.

Sales increased 9.1% on a same-store basis, represented by a 9.6% inc

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