Walmart has high of 8.6% in profit in second quarter

The giant retailer Walmart reported advance of 8.6% in net income for the second fiscal quarter (closed in July), to $ 3.77 billion, compared to the same period last year. Revenue in the three months to July amounted to $ 120.8 billion, 0.5% compared to the previous year.
"We are pleased with the positive momentum in our business. Our strategy in the United States is working with the company delivering the eighth consecutive quarter of positive results in comparable results, and our international division also had a good performance, "said Doug McMillon, President of Walmart.
The American operation of Walmart''s sales rose 3.1% to $ 76.2 billion. Operating profits in the country, however, retreated 6.2 percent to $ 4.5 billion.
Walmart''s International Division, which includes the results of Brazil, revenue of $ 28.6 billion, 6.6% indentation. The segment''s operating profit rose 35.2%, to $ 1.7 billion.
Already the arm wholesaler Sam''s Club recorded a 1.3% drop in sales, to $ 14.5 billion, and advancement of 10.3% in operating profit, to $ 472,000,000.
The company announced the revision of its earnings per share for the full fiscal year to a range between $ 4.15 and $ 4.35. Previously, the retailer had designed its annual earnings between $ 4 and $ 4.30. In the quarter, earnings per share was $ 1.21, up 12%.