walmartg1540

Walmart posted a 1.2% increase in U.S. same-store sales.

Walmart posts modest 3Q sales, comp growth

Wal-Mart Stores said Thursday that U.S. sales increased by 2.5% during the third quarter and comparable-store sales improved by 1.2% as traffic and average ticket increased as a result of improvements in price positioning and store conditions.

The sales results were slightly below consensus analyst expectations, while comps were down sequentially from the second quarter, although within Walmart’s 1% to 1.5% expected range. Walmart maintained U.S. comp guidance in the same rang

Register to view the full article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish