Wal-Mart income advances 10% in quarter
date:May 18, 2012
For the quarter ended April 30, the company had income of $3,742 million, equal to $1.10 per share on the common stock, which compared with $3,399 million, or 97c per share, during the same quarter of the previous year. Revenue for the quarter was $113,018 million, up 9 percent from $104,189 million.


We are very pleased that Wal-Mart delivered earnings and comparable sales above guidance for the first quarter, said Mike Duke, president and chief executive officer of Wal-Mart. Our overall perfo
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