Wal-Mart Reports Record Sales And Earnings

LITTLE ROCK, AK/USA (November 22) – Wal-Mart, the world’s largest retailer, reported record sales and earnings for the third quarter. Net profit for the quarter, which ended on October 31, reached $1.8bn or $0.41 per share, compared with $1.5bn or $0.33 per share in the year-earlier period. Third quarter sales increased 11.5% to $58.8 billion