Bentonville, AR, February 17–Wal-Mart reported fourth quarter earnings that were up 16.2 percent to $3.16 billion, or $0.75 per share.
Analysts were expecting earnings of $0.74 during the quarter.
Sales during the quarter rose 10.4 percent to $82.22 billion. Same store sales for the period rose 1.4 percent.
President and chief executive Lee Scott said “We can look forward to even better results in the current year.”
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