Wal-Mart reports strong rise in sales - Business - Retail | NBC News:" Wal-Mart, the world’s largest retailer, posted much stronger same-store sales than analysts expected Thursday, saying its February results rose 5.1 percent.
Tighter inventory control and milder weather helped retailers in February as business at many merchants was not as bad as in January.
Same-store sales are seen as a key measure of a retailer’s health.
Wal-Mart’s gains far outpaced expectations — but many stores, especially at the higher end, still struggled. Analysts surveyed by Thomson Reuters, on average, had expected the retail giant to report a rise of 2.4 percent."
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