Walmart Profit Rises
Walmart reported Tuesday that its profit rose 3.6 percent in the second quarter, while posting net sales of $103 billion.
The profit was attributed largely to strong international performance and cost-cutting.
"The slow economic recovery will continue to affect our customers, and we expect they will remain cautious about spending," CEO Mike Duke said in a statement. "Walmart is committed to our mission of saving people money so they can live better."