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发布于:2017-6-19 15:23:36  访问:3 次 回复:0 篇
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Wal-Mart Scores Solid US Sales; Earnings Dip
Wal-Mart reports a strong gain in domestic store sales
Wal-Mart Stores benefited from increased sales in US stores and online during the critical holiday shopping quarter, although earnings fell on higher expenses, according to results released Tuesday.
The world`s biggest retailer saw net income fall nearly 18 percent in the fourth quarter to $3.8 billion compared to the final three months of 2015. Revenues rose 1.0 percent to $130.9 billion.
The results underscored the benefits and drawbacks of the retail giant`s ramped-up investment in employee wages, store beautification and e-commerce in a bid to fend off competition from Amazon and others. Shoppers are indeed returning to stores and buying more, but profit margins are down.
Comparable sales at US Wal-Mart stores, one of the most closely scrutinized benchmarks, rose a solid 1.8 percent. That helped offset the hit from lower international sales due in part to the strong US dollar.
Analysts described the US investment as a tradeoff.
\"From our own store visits, the greater availability of associates was noticeable, and there was far more activity on the shop floor with demos and entertainment helping to improve conversion rates among shoppers,\" consultancy and research firm GlobalData said a note.
However, \"All that said, Walmart
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