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The company reported a 1.5 percent increase in
same-store sales in the United States, its second straight
quarter of growth after six quarters of flat or declining sales.
The world's largest retailer also said it would increase wages
for about 500,000 full and part-time U.S. employees in the first
half of this year.
Net profit attributable to Wal-Mart rose to $4.97 billion, or
$1.53 per share, for the fourth quarter ended Jan. 31, from
$4.43 billion, or $1.36 per share, in the same period a year
earlier.
Total revenue rose 1.4 percent to $131.57 billion.
(Reporting by Sruthi Ramakrishnan in Bengaluru and Nathan Layne
in Chicago; Editing by Saumyadeb Chakrabarty)
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