Wal-Mart’s sales edge up in fourth quarter

BENTONVILLE, Ark. — Wal-Mart Stores reported fourth-quarter consolidated revenue of $131.6 billion, an increase 1.4% percent. Same-store sales for U.S. stores were up 1.5%. For the year, the company earned a profit of $16.4 billion, up 2.1%, on consolidated revenue that reached $485.7 billion, up 2.0%. E-commerce sales globally rose approximately 22% for the year, to $12.2 billion.