Wal-Mart Stores, Inc reported fourth quarter sales rise of 8.3% to $106.27 billion and income from continuing operations increased 4% to $3.94 billion. Earnings per share increased to $1.02 per share, up 7.4% from a year ago of 95 cents. For the fiscal year ending in Jan 31, Wal-Mart reported net sales increase of 8.6% to $374.52 billion and earnings per share increase of 8.2% or $2.92.
Wal-Mart (WMT: chart) stock rose as much as 1.5% but settled in the afternoon trading at $49.86 up 43 cents.
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