WAL-MART VOLUME, PROFIT HIT QUARTER, YEAR RECORDS

BENTONVILLE, Ark. -- Wal-Mart Stores here said it had record sales and earnings for the year and fourth quarter ended Jan. 31.lion.For the 13-week quarter, sales increased 15% to $40.8 billion and comparable-store sales rose 8.7%, while net income was up 21.1% to $1.6 billion.The company said comparable-store sales rose 8.9% at Wal-Mart Stores for the year and 8.2% for the quarter, while comps at

BENTONVILLE, Ark. -- Wal-Mart Stores here said it had record sales and earnings for the year and fourth quarter ended Jan. 31.

lion.

For the 13-week quarter, sales increased 15% to $40.8 billion and comparable-store sales rose 8.7%, while net income was up 21.1% to $1.6 billion.

The company said comparable-store sales rose 8.9% at Wal-Mart Stores for the year and 8.2% for the quarter, while comps at Sam's Club rose 9.3% for the year and 10.3% for the quarter.

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