Wal-mart (NYSE: WMT) continues to defy expectations. In the recently reported third quarter, it posted EPS (excluding items) of $1 a share and revenue of $123.18 billion, topping analyst expectations of $0.97 and $121 billion, respectively. Perhaps more importantly, Wal-mart increased same-store sales in the U.S. by 2.7% versus expectations of 1.8%; it was Wal-mart's 13th quarter in a row growing same-store sales.This isn't your father's Wal-mart.
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newsfeedback@fool.com (Jamal Carnette, CFA), The Motley Fool
Wed, 11/22/2017 - 3:23pm
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