YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Arkansas-based Wal-Mart Stores Inc. reported lower-than-expected revenue, hurt by an unexpected decline in U.S. comparable sales and what the company called a competitive retail environment, Fox News reports.
Revenue increased 1.6 percent to $115.69 billion, lower than an expected $116.8 billion, according to Thomson Reuters I/B/E/S.
Third-quarter profits increased 2.8 percent to $3.73 billion.
Read more from Fox News.
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