Wal-Mart same-store sales rise 4.3%.Wal-Mart Editing of this page by unregistered or newly registered users is currently disabled due to vandalism. Stores Inc. said sales at stores open at least a year rose
4.3 percent in March, while analysts surveyed by First Call were
expecting Wal-Mart to report same-store sales Same-store sales is a business term which refers to the revenue generated by one of a retail chain's specific outlets during a certain period of time (often a fiscal quarter or a particular shopping season), compared to an identical period in the past, usually in the previous year. growth of 4.4 percent.
And for April, Wal-Mart is forecasting same-store sales ranging from flat to up 2 percent, blaming unseasonable un·sea·son·a·ble adj. 1. Not suitable to or appropriate for the season. 2. Not characteristic of the time of year: unseasonable weather. 3. Poorly timed; inopportune. weather for poor sales of apparel and lawn and garden items as well as the early Easter Easter [A.S. Eastre, name of a spring goddess], chief Christian feast, commemorating the resurrection of Jesus after his crucifixion. In the West, Easter is celebrated on the Sunday following the full moon next after the vernal equinox (see calendar); thus, it . Total March sales rose 11.3 percent to $27.98 billion in the five weeks ended April 1, compared with sales of $25.13 billion for the period a year ago. The world's largest retailer now expects earnings for its fiscal first quarter at the low end of its estimate of 56 cents to 58 cents a share. Wal-Mart said March same-store sales at its flagship stores rose 4.8 percent, while Sam's Club Sam's Club is a membership-only warehouse club owned and operated by Wal-Mart Stores, Inc. History The first Sam's Club opened in April 1983 in Midwest City, Oklahoma in the United States.[1] Sam's Club is named after Sam Walton. stores open a year were up 2.1 percent. International sales for the month climbed 14 percent. For the nine-week period that ended April 1, total sales rose 11.2 percent to $50.34 billion from $45.29 billion. |
|
||||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion