Sam's Club Gains Momentum

Sam's Club Gains Momentum

WHILE WAL-MART STORES HAS BEEN STRUGGLING to regain its sales momentum in the U.S., its Sam's Club division has been making great strides in terms of financial results and merchandising.

Sam's was the only Wal-Mart division to grow both comparable-store sales and operating earnings during the first quarter, with comps rising 4.2% — the banner's fifth consecutive quarter of positive comps — led by food and consumables.

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