Wal-Mart posts higher quarterly profit
Posted : Thursday, 15 November 2012 07:12AM
(Reuters) - Wal-Mart Stores Inc posted a higher quarterly profit on Thursday, helped by strong sales of back-to-school merchandise in the United States.
The world's largest retailer said it had earned $1.08 per share in the third quarter ended October 31, up from 97 cents per share a year earlier.
(Reporting by Brad Dorfman in Chicago and Jessica Wohl in Cincinnati; Editing by Lisa Von Ahn)
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