date:May 20, 2013
Wal-Mart Stores, Inc. hasreported financial results for the first quarter ended April 30, 2013. Net sales for the first quarter were $113.4 billion, an increase of 1.0 percent over last year. Net sales last year benefited by 1.0 percent from the extra day due to leap year.
On a constant currency basis, net sales would have increased 1.8 percent to $114.2 billion. Membership and other income increased 1.6 percent versus last year, due primarily to an increase in membership income. Total revenue