Wal-Mart February sales up 8.9 percent
Wal-Mart Stores reported February 2008 sales at $29.2 billion, up 8.9 percent from $26.8 billion from the same month last year.
The company also reported comparable-store sales up 2.6 percent for the month, with Wal-Mart Stores up 2.5 percent and Sam’s Club stores up 2.8 percent.
“We’re very pleased with the way customers responded to our merchandise offerings and the ongoing ‘save money, live better’ messaging across our U.S. stores in February,” said Eduardo Castro-Wright, Wal-Mart Stores U.S. president and CEO. “The comp sales results in our three largest businesses continued to outperform the market.”
The company announced plans recently to open 81 Wal-Mart and Sam’s Club stores in the United States during March.