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Wal-Mart Stores Inc
WMT reported a 5.7% rise in its fiscal second-quarter net income.
Wal-Mart's net income surged to $3.8 billion from $3.6 billion. Its earnings per share rose to $1.09 from $0.97. Its net sales rose 5.5% to $108.64 billion. However, analysts were expecting earnings of $1.08 per share on revenue of $108.1 billion.
Wal-Mart reported a 0.9% decline in its US discount stores open at least a year during its second quarter.
Wal-Mart shares gained 0.48% to $50.22 in pre-market trading.
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