Wal-Mart posts higher online sales; entertainment sales were off

05/17/2013 | Home Media Magazine

Wal-Mart Stores reported revenue of $114.2 billion in the fiscal first quarter ended April 30, up 1% from the previous year, while net income rose 1.1% to $3.8 billion. The retailer said sales of high-ticket electronics and other entertainment products were down in the quarter. Online sales were up by 30% compared with a year ago.

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