date:May 18, 2012
act of inflation was reduced by between 50 and 150 basis points as customers traded down to lower price point and smaller pack size.
Commenting on the result, analysts at Janney Capital Management said Wal-Mart had turned in the best quarter in recent memory.
The upside came from stronger comps as better merchandising in US stores combined with the benefit of favourable weather and moderating, but still positive inflation - all combined for the highest US comp in years, with the best traffic res