Wal-Mart profit jumps, boosted by US sales

(Reuters) - Wal-Mart Stores Inc posted a better-than-expected quarterly profit on Thursday as its Walmart U.S.

Wal-Mart Stores Inc posted a better-than-expected quarterly profit on Thursday as its Walmart U.S. division showed a 2.6 percent rise in sales at stores open at least a year, and as warm weather and an earlier Easter enticed shoppers to spend.

Wal-Mart Stores Inc posted a better-than-expected quarterly profit on Thursday, including a 2.6% rise in sales at its Walmart U.S.

(Reuters) - Wal-Mart Stores Inc posted a higher quart

Wal-Mart Stores Inc’s quarterly profit just missed Wall Street expectations on Thursday, with sales down 1.4% at its Walmart U.S. stores open at least a year. The world’s largest retailer said U.S. sales suffered from a delay in income tax refund checks, cool weather, less grocery inflation than expected, and the payroll tax increase. Shares of Wal-Mart fell 2.3% in premarket trading to US$78. The stock had hit a new high of US$79.96 on Wednesday.

Wal-Mart Stores posted a higher quarterly profit on Thursday even as sales fell 1.4 percent at its Walmart U.S. stores open at least a year because of a delay in income tax refund checks, cool weather, less grocery inflation than expected, and the payroll tax increase.

(Reuters) - Wal-Mart Stores Inc posted a higher quarterly profit on Thursday even as sales fell 1.4 percent at its Walmart U.S.

Wal-Mart Stores Inc won over shoppers during the holiday season, with its Walmart U.S. division posting a 1.5 percent rise in sales at stores open at least a year.