Walmart Delivers Superb Earnings with Double-Digit Sales Growth (WMT)
Posted on August 15, 2008 at 12:05 PM EDT
Walmart (WMT) delivered impressive earnings results yesterday, in which the company’s sales rose over 10% to $101.6 billion. Achieving double-digit results on that sort of revenue number is pretty spectacular. It will be interesting to see if the foot traffic will remain at this level, if and when the economy rebounds.