said May same-store sales are currently rising at a pace conistent with its 4%-to-6% expectation for the full month.
The company said the strongest sales categories for the week ended May 7 were electronics, food, paper goods, pet supplies and toys. The East and West were the strongest regions for the week.
Wal-Mart said traffic and average ticket were positive; each made up half of the same-store sales increase.
The Bentonville, Ark.-based company will release quarterly results on May 13 before the market opens. Analysts are expecting earnings of 49 cents a share, which would compare with a profit of 42 cents a share in the year-earlier period.
Sales for the four-week period May 1 through May 28 will be released on June 3.
The company had
mixed same-store sales results in April, posting a 4.4% increase, slightly missing the First Call consensus for a 4.5% rise. In its Sam's Club unit, the company had an 8.3% increase, which beat estimates, while its Wal-Mart stores had a 3.6% increase, missing estimates.
Shares of Wal-Mart were moving up 5 cents, or 1%, at $53.95 in Monday morning trading.