Wal-Mart’s comparable sales rise for 12th straight quarter

businessamlive

Wal-Mart Stores Inc reported its 12th consecutive rise in quarterly comparable sales Thursday, driven by an increase in the number of shoppers who visited stores and made purchases online.

Sales at U.S. stores open at least a year rose 1.8 percent, excluding fuel, in the second quarter ended on July 31. Analysts polled by research firm Consesus Metrix had forecast a rise of 1.7 percent.

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Onome Amuge is a Nigerian journalist and content writer known for his analytical and engaging reporting on business, finance, agriculture, commodities, and technology. He is currently a journalist at Business a.m., a Nigerian business-focused newspaper, where he has authored over 360 articles covering a wide range of topics including economic trends, market analysis, and policy developments.
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