“We again delivered strong sales across the business, adding $2.3 billion in revenue. Comp sales increased 1.5 percent this quarter, as we lapped a 1.3 percent comp last year,” said Bill Simon, Walmart U.S. president and chief executive officer. “We’re excited about the fourth quarter. November sales started ahead of plan. Our Black Friday plans are innovative and designed to drive additional traffic in our stores. We expect strong performance through Thanksgiving weekend.”For the 4-5-4 period from Oct. 27, 2012 through Jan. 25, 2013, Walmart U.S. expects comp store sales to range from 1.0 percent to 3.0 percent. The Walmart U.S. 13-week comp for last year’s fourth quarter rose 1.5 percent.
Walmart Reports Q3 EPS Of $1.08, Reaffirms Top End Of Full-year EPS Guidance; Company Is Well Positioned For Q4 Holidays
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