BENTONVILLE, Ark. -- Wal-Mart Stores here said last week in a pre-recorded conference call that comparable-store sales in food products were up in the mid-single digits in the third quarter ended Oct. 31. The company noted that consumers seem to be "gravitating more toward opening price points."
er year-ago results. Wal-Mart said it was able to increase its margins in the quarter through decreased markdowns, reduced shrink and a better mix of higher-margin sales.