WAL-MART: SUPERCENTER FOOD SALES SOAR 23% ABOVE PREVIOUS YEAR

BENTONVILLE, Ark. -- Wal-Mart Stores here last week said food sales at supercenters increased 23% over year-ago levels in the second quarter ended July 31. Same-store food sales were up in the high single digits.mall businesses, helped drive sales and earnings growth in the quarter. "The repositioning worked better than we expected," said Lee Scott, president and chief executive officer, Wal-Mart,

BENTONVILLE, Ark. -- Wal-Mart Stores here last week said food sales at supercenters increased 23% over year-ago levels in the second quarter ended July 31. Same-store food sales were up in the high single digits.

mall businesses, helped drive sales and earnings growth in the quarter. "The repositioning worked better than we expected," said Lee Scott, president and chief executive officer, Wal-Mart, in a recorded teleconference.

Sales at Sam's Club rose 7.7% in the second quart

Register to view the full article

TAGS: Walmart