Wal-Mart Monthly Chart Pattern :  Point 4 exist when price broke point 2 then 0…watch strong resist at point 1 if this point was  broken pattern will be changed,overall  Wal-Mart Monthly Chart Pattern still up…longterm target to point 0

 

 

Source : finance.yahoo.com

After nine months of consecutive same-store sales declines, Wal-Mart Stores Inc (NYSE: WMT – News)’s US operating segment has posted three consecutive months of positive same-store sales for July, August and September.

The specific details will be revealed by the company in its earnings results on November 15.

Same-store sales account for about 98% of Wal-Mart’s sales in the US. The company tried boosting its sales by deepening discounts and choosing the right products. The decline in gasoline prices and improvement in US stores’ traffic also helped raise consumer spending toward the end of the month.

Later, Wal-Mart tried to reach its low-income customers by bringing back its layaway payment program, which was abandoned in 2006.

Wal-Mart stated that it will continue to leverage innovation, systems and processes to continue its focus on the US and improve its overall productivity.