Wal-Mart July same-store sales rise 3 percent

BENTONVILLE — Wal-Mart Stores says its July same-store sales rose 3 percent, slightly less than expectations, as tax-rebate checks dried up and consumers spent closer to their paycheck cycle.

The world's largest retailer says sales in stores open at least one year rose 3 percent at Wal-Mart and 3.5 percent at Sam's Club. Including fuel, same-store sales rose 1.9 percent, including a 1.3 percent rise at Wal-Mart and a 5.1 percent increase at Sam's Club.

Thomson Financial says analysts, on average, expected a 3.4 percent rise.

Total sales rose for the four weeks ended Aug. 1 rose 9 percent to $30.16 billion, boosted by a 17 percent rise in international sales.

The company expects August same-store sales will rise 1 to 2 percent excluding fuel.

Back To Top

	Wal-Mart's Sales Slowdown May Signal End of Best-of-Dow Run	Bloomberg.com	Fri Aug 8	0
	A look at Sara Lee's 4th-quarter sales	Associated Press	Thu Aug 7	0
	Apparel retailers face tough back-to-school time	Associated Press	Thu Aug 7	0
	US stocks head for moderately lower open	Associated Press	Wed Aug 6	0