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Wal-Mart Reports 2.7 Sales Rise

Saturday, August 26, 2006 11:19:22 AM

BENTONVILLE, Ark. (AP) - Wal-Mart Stores Inc. said Saturday that August sales at its U.S. stores were up about 2.7 percent from the same four-week period a year ago.

Sales have been slowing for the world's largest retailer. This month, Wal-Mart reported its first quarterly profit decline in a decade, mostly from closing operations in Germany and higher energy prices at home.

Sales at stores open at least a year — a key retail measure — were up 1.5 percent in the second quarter, compared with 3.8 percent in the first quarter and 3.6 percent a year ago.


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