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Wal-Mart same-store sales weak

Posted Nov 8th 2007 7:44AM by Douglas McIntyreDouglas McIntyre RSS Feed
Filed under: Bad News, Wal-Mart (WMT), Economic Data


Wal-Mart (NYSE: WMT) logoWal-Mart (NYSE: WMT)'s same-store sales for the latest period were weak.

U.S. revenue rose 5% for October hitting $17.4 billion. International was the star, moving up 19% to $7.2 billion. Total revenue moved up 8%.

In the U.S., same-store sales for the Wal-Mart brand were flat for the period. Sam's Club same-store figures rose 2.7%.

The hopes for a holiday turnaround at the world's largest retailer just got a set-back.

Douglas A. McIntyre is an editor at 247wallst.com.

Tags: inthenews, retail, s-s-s, same store sales, SameStoreSales, Wal-Mart, WMT

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