Canada boosts Walmart sales

TORONTO ― Sales at established Walmart stores in Canada rose for the eighth quarter in a row, as store traffic increased by 4.6% and drove up sales by 6.7%. The retailer posted a $3.08 billion profit, wit revenues of $115.9 billion and net income of$0.98 per share besting the estimate of a Zacks survey by $0.10. Sales at U.S. stores open at least a year rose by 1%. Walmart’s results separate it from traditional department stores, who struggle with their numbers at this time of year.  The company has now rolled out its pilot grocery delivery program to a dozen Toronto-area stores, ramping up its competitiveness in the food market.