Thursday, December 04, 2008

Wal-Mart's November Sales Up By 3.4%


BENTONVILLE, Ark. (AP) -- Wal-Mart Stores says November same-store sales rose 3.4%, as consumers shopped more ahead of the holidays as gas prices dropped (see chart above, click to enlarge). Same-store sales, or sales at stores open at least one year, rose 3.4% at Wal-Mart stores and 3.5% at its Sam's Club warehouse division. Including fuel, same-store sales rose 3%.

Analysts surveyed by Thomson Reuters, on average, had expected same-store sales to rise 2.1%.

2 Comments:

At 12/04/2008 11:05 PM, Anonymous poor boomer said...

What's bad for the middle class is usually very good for Wal-Mart.

 
At 12/05/2008 11:28 AM, Blogger @sethstorm said...

I'd like to see them get rid of their unionbuster jet, but...

The way this economy is going, I'd not be surprised if they fail at pulling off another Jonquiere.

Their competitors (Meijer, in some respect Kroger) may be regional, but they certainly haven't failed with unions.

 

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