Walmart suffers 1st US sales decline# Stock
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By Jonathan Birchall in New York
Published: February 18 2010 13:33 | Last updated: February 18 2010 20:02
Walmart has suffered its first fall in quarterly sales at its US discount
stores, underlining the challenges facing future growth in its home market
as the economy recovers.
In the important holiday quarter ending on January 31, net sales at Walmart
’s 3,400-plus US stores fell 0.5 per cent year-on-year to $71bn (€
52bn). Comparable store sales declined 2 per cent. Customer traffic als
Published: February 18 2010 13:33 | Last updated: February 18 2010 20:02
Walmart has suffered its first fall in quarterly sales at its US discount
stores, underlining the challenges facing future growth in its home market
as the economy recovers.
In the important holiday quarter ending on January 31, net sales at Walmart
’s 3,400-plus US stores fell 0.5 per cent year-on-year to $71bn (€
52bn). Comparable store sales declined 2 per cent. Customer traffic als
