Wal-Mart Sales Expected To Grow - KAIT Jonesboro, AR - Region 8 News, weather, sports

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Wal-Mart Sales Expected To Grow

October 30, 2005--Posted at 10:50 p.m. CST

BENTONVILLE--For the last week into October, Wal-Mart Stores Inc. said it expects its same-store sales will grow by 4.3 percent for the month compared to October last year.

The world's largest retailer saw general merchandise sales exceed food this week, but said that should reverse next week because most of the Halloween candy sales would likely come over
the weekend with the holiday on Monday. The strongest region for the world's largest retailer was the Southeast.

The company also reported that as of Saturday morning, one Supercenter was closed because of Hurricane Rita and five Wal-Mart stores were closed because of Hurricane Wilma. Those included seven Supercenters, two Sam's Clubs, and two discount stores.

Nine locations remain closed due to Hurricane Katrina, including six Supercenters, one Sam's Club and two Wal-Marts.

Monthly sales figures will be released Nov. 3; third-quarter earnings will be released Nov. 14, the company announced.

(Copyright 2005 by The Associated Press.  All Rights Reserved.)

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