Increased revenue and after tax profit at the world's largest commercial chain

Wal-Mart Stores Inc. reported a profit growth of 5.7 percent for the first quarter closed at end of July, while the company improved this year's profit forecast.

Wal-Mart's after tax profit is 4.02 billion USD, and 1.19 USD per share, compared to a earlier’s 3.80 billion USD, and 1.09 USD per share. The company's revenue in its first financial quarter was 113.53 billion USD, 4.5 percent more than a year ago. Experts expected a slightly smaller proportional share of 1.17 USD and higher a revenue of 114.63 billion USD.

(Profitline.hu)