Wal-Mart (WMT) October Comparable Store Sales Up 2.4%

November 6, 2008 7:23 AM EST
Wal-Mart Stores, Inc. (NYSE: WMT) Comparable store sales rose 2.4% in October for the Total Store. Walmart U.S was up 2.2% and Sam's Club was up 3.6%. Wal-Mart said traffic driving initiatives were led this month by the seasonal presentation of Halloween merchandise across multiple categories in the entire store.

Walmart U.S. announced price rollbacks across all categories in the store that could save customers an additional $200 million during the next seven weeks.

Wal-Mart expects U.S. comparable store sales for the four-week November period to be between one and three percent.

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