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WMT Walmart Inc

60.16
-0.05 (-0.08%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Walmart Inc NYSE:WMT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05 -0.08% 60.16 60.39 60.00 60.15 11,045,222 00:10:16

Asda 4Q Comparable Sales Fall 2.9% Vs 5.8% in 3Q

21/02/2017 3:01pm

Dow Jones News


Walmart (NYSE:WMT)
Historical Stock Chart


From Apr 2019 to Apr 2024

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By Ian Walker

 

LONDON--Comparable sales at Asda fell 2.9% in the fourth quarter of 2016, its parent Wal-Mart Stores Inc. (WMT) said Tuesday, as the U.K.'s third largest grocer by market share faced challenging conditions.

"In the U.K., we faced some challenges this past year and we're addressing this with urgency," said Wal-Mart President and Chief Executive CEO Doug McMillon.

He added that fourth-quarter sales, which exclude petrol, were an improvement on the previous quarter, which fell 5.8%, Wal-Mart said. "I'm glad comp store sales improved during the fourth quarter, but we have a lot of work to do," Mr. McMillon said.

 

Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

 

(END) Dow Jones Newswires

February 21, 2017 09:46 ET (14:46 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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