In the three months ("third quarter") ended October 31, 2013:
- Worldwide net sales increased 7% to $911 million. On a constant-exchange-rate basis that excludes the effect of translating foreign-currency-denominated sales into U.S. dollars (see "Non-GAAP Measures"), worldwide net sales rose 11%, and comparable store sales rose 7% due to growth in all regions.
- Net earnings rose 50% to $95 million, or $0.73 per diluted share, compared with $63 million, or $0.49 per diluted share, a year ago.
Meanwhile, over Bentonville, Arkansas Walmart reported,
And the Dow Jones Industrial Average opens today from a record high of 16,072. This regime has the interests of the ordinary citizen at heart. Carry on fawning supporters, carry on.
|Tiffany's pummels Walmart|