Wal-Mart Earnings Dip But Sales Rise At US Stores

Wal-Mart Stores scored another increase in sales at its US namesake stores in first-quarter results released Thursday, but earnings dipped on higher expenses. The world’s biggest retailer reported earnings of $3.0 billion in the first quarter of fiscal 2018, down 1.3 percent from the year-ago period. Revenues were up 1.4 percent at $117.5 billion. The … Read more