Wal-Mart Stores (WMT) Comps Up 1.4%, Raises EPS Guidance

October 11, 2007 7:22 AM EDT
Wal-Mart Stores, Inc. (NYSE: WMT) said September comparable store sales rose 1.4%; 0.8% at Wal-Mart Stores and 4.4% at Sam's Club.

Wal-Mart said, "We estimate that earnings per share from continuing operations for the third quarter of fiscal year 2008 will change from within our previously stated guidance of $0.62 to $0.65 to a range of $0.66 to $0.69." The Wall Street consensus is $0.63.

Wal-Mart expects the comparable store sales of its U.S. operations for the October four-week reporting period to be between flat and 2 percent.

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