Wal-Mart (WMT) said its same store sales for the period rose 4% in March. Sales for the five weeks ending April 6 were up almost 12% to $34.26 billion.
That would appear to be very, very good news for the nation’s largest retailer, which has been watching its same store sales move up 1% or so recently.
But, the company said hitting earnings targets for the current quarter may be challenging.
Odd.
Douglas A. McIntyre
