Wal-Mart, a major US chain of shopping malls, has recently published its quarterly income report.
The report shows that the company increased its earnings by 8% up to $5.61bn. This is equal to $1.67 per share. For reference sake, the company earned $5.19 or $1,51 per share over the same period.
Over the last the months of 2012, the company’s proceeds increased by 3.9% up to $127.1bn.
At the same time, analysts had expected the income to be around $1.57 per share along with $128.77 in proceeds. The company’s experts had anticipated $1.53-58 per share.
As of Thursday, Wal-Mart’s stock appreciated by 6% on NYSE.
The chart below, courtesy of , reflects the current state of affairs in the market of WMT:
