Wal-Mart Stores Inc. posted a 39% increase...
Wal-Mart Stores Inc. posted a 39% increase in income to $153.6 million for the first quarter. The rapidly expanding discount retailer said sales totaled $4.28 billion, up from $3.21 billion. In addition to increased sales, the Bentonville, Ark.-based company credited improved expense control and a reduction in its federal income tax rate.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
