Wal-Mart stock up nearly 11%; profit down 42%, but jump in 3Q sales tops expectations

Posted: November 17, 2017 at 4:30 a.m.

Graphs showing Wal-Mart Stores Inc. third quarter information.

Graphs showing Wal-Mart Stores Inc. third quarter information.

Wal-Mart Stores Inc. posted its strongest U.S. sales increase in more than eight years during the third quarter of the fiscal year, which pushed shares of company stock to another record close Thursday.

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