
Wal-Mart earnings rise in Q4 CBC \|\| February 22, 2006 Retail behemoth Wal-Mart Stores reported Tuesday its fourth-quarter profits grew by more than 13 per cent from last year. The company (NYSE:WMT) said it made $3.6 billion US (86 cents a share), up from $3.2 billion US (75 cents a share) a year earlier. Wal-Mart said results for the most recent quarter included a $103-million US tax benefit, which increased the company's earnings by two cents a share. According to a survey by research firm Thomson Financial, analysts had been calling for Wal-Mart to make 83 cents a share. Wal-Mart also said its revenue for the quarter grew by 8.6 per cent, to $90.1 billion US. Article Posted at www.KnowledgeDrivenRevolution.com The Bentonville, Ark., firm said its 2005 profit hit a record $11.2 billion US ($2.68 a share) on revenues of $312.4 billion US. The company's sales were up 9.5 per cent from the previous year, while profits rose 9.4 per cent. Shares of Wal-Mart were off 44 cents at $45.66 in late morning trading on the New York Stock Exchange. About KDR \| \| Home \| \| Weekly Features Archive	Weekly Weekly Features Archive
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Wal-Mart earnings rise in Q4

CBC || February 22, 2006

Retail behemoth Wal-Mart Stores reported Tuesday its fourth-quarter profits grew by more than 13 per cent from last year.

The company (NYSE:WMT) said it made $3.6 billion US (86 cents a share), up from $3.2 billion US (75 cents a share) a year earlier.

Wal-Mart said results for the most recent quarter included a $103-million US tax benefit, which increased the company's earnings by two cents a share.

According to a survey by research firm Thomson Financial, analysts had been calling for Wal-Mart to make 83 cents a share.

Wal-Mart also said its revenue for the quarter grew by 8.6 per cent, to $90.1 billion US.

Article Posted at www.KnowledgeDrivenRevolution.com

The Bentonville, Ark., firm said its 2005 profit hit a record $11.2 billion US ($2.68 a share) on revenues of $312.4 billion US. The company's sales were up 9.5 per cent from the previous year, while profits rose 9.4 per cent.

Shares of Wal-Mart were off 44 cents at $45.66 in late morning trading on the New York Stock Exchange.

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