Wal-Mart Same-Store Sales Rise 3.7%
The growth is in line with previously lowered forecasts.
Wal-Mart
(WMT) - Get Walmart Inc. Report
said October same-store sales rose 3.7%, in line with its lowered expectations.
The world's biggest retailer said overall sales in the four-week period ended Nov. 1 were $18.497 billion, up 11.3% from the year-ago period.
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Wal-Mart had previously warned that its Halloween candy sales were below plan and said October comparable-store sales growth would be in the 2% to 4% range.
The shares closed at $54.34 Wednesday.
