136 billion USD in sales at Wal-Mart
Wal-Mart had a weaker performance than expected in the fourth quarter of its fiscal year ended at the end of January – portfolio.hu wrote. Profit from the period lagged behind the analytical consensus and the online sales slowed down during the Christmas season.
The major figures of the fourth quarter:
Wal-Mart reached 136.3 billion USD in the November-January quarter, which is an increase of 4.1 percent, compared to the same period of last year. Compared to the previous year, Wal-Mart’s US comparable earnings increased by 2.6 percent compared to last year, while Sam’s Club revenues rose 2.4 percent without revenues from fuel. (portfolio.hu)
Related news
Hungarian-American agricultural diplomacy is experiencing a golden age
Hungarian-American bilateral relations are growing stronger, whether it is politics,…
Read more >Serious negotiations are underway to end the tariff war
Only with sincere intentions can we negotiate – this is…
Read more >The EU is looking for new markets for the food industry
The loss of the American market poses a serious challenge…
Read more >Related news
An era ends, a new one begins – marketing leadership change at Eisberg
After two years, Judit Gál, the company’s marketing and communications…
Read more >The price fall in PENNY continues
PENNY Hungary continues to slash prices on basic household and…
Read more >Heineken quenches its thirst for data management with artificial intelligence
Heineken Simplifies Data Analytics for Employees with SAP AI Solution.…
Read more >