Wal-Mart sees record Q3


14 November 2005 – Bentonville (AR): Wal-Mart has reported a 10.1 per cent sales rise in a record set of Q3 results.

Net income was up 3.8 per cent to $2.4 billion, or EPS of $0.57, from $2.3 billion, or EPS of $0.54, a year earlier. Earnings included three items, including hurricane-related costs, which reduced results by $80 million.


Sales rose to $75.4 billion for the quarter.


The company said it expected Q4 earnings of $0.82 to $0.86 a share.