Poor reults at the world's biggest retailer chain

The Wal-Mart Stores Inc., the world's largest retailer reported weaker-than-expected quarterly datas on Thursday and worsened this year's profit forecast as well.

The net result of Wal-Mart increased by 1.3 percent to 4.07 billion USD to 1.24 USD per share in the quarter ended in late July, after the, 402 billion USD and 1.18 USD per share datas of a year before.
The company's revenue for the quarter was 116.2 billion USD, 2.4 percent more than the year before.

The Wal-Mart Stores Inc. is the world's largest private employer, with more than two million employees. (MTI Eco, Világgazdaság Online)