Wal-Mart Sales, Earnings Jump

Wal-Mart(WMT Quote) said second-quarter earnings rose on an 11.3% jump in revenue as both its Wal-Mart stores and international segments posted double-digit sales gains.

The world's largest retailer had net income from continuing operations of $2.3 billion, or 52 cents a share, on revenue of $62.6 billion, compared with earnings of $2.0 billion, or 45 cents a share, on revenue of $56.27 billion last year.

Analysts surveyed by Thomson First Call were forecasting earnings of 52 cents a share and revenue of $63.40 billion. ...