Wal-Mart

Wal-Mart Stores Inc. (Bentonville, Ark.) reported record fourth quarter sales and earnings for the quarter ended Jan. 31, 2005. Net sales increased 10.4 percent and income from continuing operations was up 16.2 percent.

Net sales for the full fiscal year were up 11.3 percent and income from continuing operations increased 15.9 percent.

“In the year just completed, we added almost $29 billion in sales and topped $10 billion in net income for the first time in our history,” said president and ceo Lee Scott. “It was a solid performance, but we can do better. With the help of our associates, we can look forward to even better results in the current year.”