Walmart sum profit of $ 3.74 billion from July to September

Walmart reported that its net profit rose 2.8 percent in the third quarter of the fiscal year, to $ 3.74 billion. The company's revenue was discharged from 1.7% to $ 115,69 billion.
International sales rose 0.2% to $ 4.1 billion, or 33,11% in constant currency. Walmart is trying to revamp its international strategy, in an attempt to revive growth in their operations abroad. Last month, the retailer has filed plans to open stores in India and said, in the statement of the balance sheet, which must close 50 stores of poor performance in Brazil (25 already announced with increased focus on the flags every day and Maxx Attacked) and China.
In Brazilian operation had net sales increase of 6.9% in the third quarter. In the same comparison shops (open operations for more than a year) rose 4.7%, stated the company to its shareholders.
There was also net loss, but the value was not informed.
In Brazil the supermarket network has bold plans for your virtual retail. The company wants to quintuple sales in Brazil in three years and become leader of e-commerce. For this the company will invest in two distribution centers, outside the Southeast region, in the first half of next year.
The company has been through UPS and downs; Guilherme Loureiro recently assumed the Presidency of the network after the departure of Marcos Samaha. Laurel has a big challenge ahead of us, create a restructuring plan for the Brazilian operation. During event on sustainability promoted by network recently, Loureiro said he would have 100 days to map out a strategic plan and that he would be responsible for making the American network leader in the sector in Brazil, this post occupied by Grupo Pão de Açúcar (GPA). "I am formulating my vision of business and where we want to get the Walmart Brazil."