Though comparable store sales rose 1.1 percent in the quarter that ended April 30, lower gas prices did not send consumers flocking to Wal-Mart stores. Overall revenue of $114.8 billion fell 0.1 percent from the same quarter last year, the company said.
Though comparable store sales rose 1.1 percent in the quarter that ended April 30, lower gas prices did not send consumers flocking to Wal-Mart stores. Overall revenue of $114.8 billion fell 0.1 percent from the same quarter last year, the company said. File photo by Damian Dovarganes The Associated Press
Though comparable store sales rose 1.1 percent in the quarter that ended April 30, lower gas prices did not send consumers flocking to Wal-Mart stores. Overall revenue of $114.8 billion fell 0.1 percent from the same quarter last year, the company said. File photo by Damian Dovarganes The Associated Press

Wal-Mart reports tepid sales and a profit drop

May 19, 2015 05:22 PM