Wal-Mart Exceeds Expectations In Q3 As Solid Store Performance Drives Top Line

In contrast with this backdrop was Wal-Mart's performance in the quarter ending October, as it achieved robust sales growth across multiple geographies. On a constant currency basis, the company's revenues increased by $3.40 billion, taking the total revenues to more than $122 billion. However, the operating margin continued to be under pressure due to increased wages and investments in technology, which was largely expected.