WalMart Group Announces profit of-$ 4-billion no-2°-quarter

SÃO PAULO-WalMart's net income climbed 0.6% to $ 4.09 billion in the three months to 31 July, which corresponds to the second quarter of the company's fiscal year, compared with a gain of $ 4.07 billion in the same period of the previous year. The result per share, profit was $ 1.22, compared with $ 1.24 on the same basis of comparison. Earnings per share from continuing operations was $ 1.21. Revenue rose 2.8 percent to $ 120,1 billion, up from projections of $ 119 billion analysts. WalMart has reduced its "guidance" of profit for the year. The company said it now expects that earnings per share for the year to be between $ 4.90 to $ 5.15, below the previous range of $ 5.10 to $ 5.45.