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23November
2011

The global retailer Wal-Mart Stores increased its net profit by 2%

Net income of one of the world’s largest retailers – U.S. Wal-Mart Stores Inc. 9 months of 2011-2012 fiscal year has grown – up to 10.54 billion dollars, compared with 10.33 billion dollars in the same period a year earlier.

According to the agency “RBC”, the operating profit for the first 9 months of 2011-2012 fiscal year reached 18.16 billion dollars and surpassed that of the 2010-2011 financial year, recorded at around 17.54 billion dollars, at 3, of 5%. Consolidated revenues of Wal-Mart Stores for the period increased by 6% – to 323.78 billion against the previous value to 305.49 billion dollars

 

Consolidated net available for distribution to shareholders Wal-Mart Stores Inc. profit for the III-rd quarter. 2011-2012 fiscal year decreased by 2.9% – to 3.34 billion dollars compared with 3.44 billion dollars in the same period a year earlier.

 

Operating profit for the III-rd quarter. 2011-2012 fiscal year reached 5.88 billion dollars and surpassed that of the 2010-2011 fiscal year, fixed at around 5.61 billion dollars, 4.8%. Consolidated revenues of Wal-Mart Stores for the period grew by 8.1% – to 110.23 billion against the previous value to 101.95 billion dollars

 

Quarterly earnings per share of Wal-Mart was 3.02 against $ 2.79 USD a year earlier (growth – 8.2%).

 

Help TM:

 

Wal-Mart – the world’s largest retailer. As of September 2010. it includes more than 8.5 thousand stores in 15 countries (among them – 4.4 thousand in the U.S. and the rest – in Canada, Mexico, Latin America, India, Japan, several European countries). Among the stores like hypermarkets, supermarkets and selling food and consumer goods. The total number of employees – 2.1 million (1.4 million of them – in the U.S.).

 

Wal-Mart is actively expanding its presence outside the U.S.. In particular, Wal-Mart is the number one retailer in Canada and Mexico. The Corporation has long interested in the Russian market, but still could not bring herself to leave him. This month there was an informal information about what Wal-Mart is considering buying 100% of Russian grocery retailer “Tape.”


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