19.05.2016 - Results of Wal-Mart Stores pleased investors
Shares of Wal-Mart Stores today show growth in connection with the publication of strong report for the 1st quarter. Thus, the company's net profit has made 3.08 billion dollars compared with 3.34 billion dollars in the same period of the previous year. Sales for the quarter rose to 115.9 billion compared to 114.8 billion dollars in the 1st quarter of last year and the forecast of 113.2 billion dollars. Sales in the US increased by 1% to 73.3 billion dollars. The company's share growth in the near future may reach 12-15%, after which we cannot rule out a correction.