Wal-Mart Stores Inc., the world's largest retailer, reported fiscal second-quarter net income rose 5.7% on 5.4% higher net revenue and flat same-store sales.
For the quarter ended July 31, net income reached $3.8 billion from $3.6 billion.
Earnings per share were $1.09 against 97 cents.
Special items cut a net 3 cents a share from the latest quarter's profit, Wal-Mart said in a Tuesday statement.
Net sales rose 5.5% to $108.64 billion; adding in membership fees, net revenue rose 5.4% to $109.37 billion.
A survey of analysts by FactSet Research produced consensus estimates of $1.08 a share of profit on $108.1 billion of revenue.
Wal-Mart's U.S. comparable-store sales fell 0.9%.
For the fiscal third quarter, Wal-Mart expects continuing operations to generate profit of 95 cents to $1 a share.
In the year-earlier third period, WMT earned 95 cents, including a 5-cent tax benefit.
FactSet's survey is looking for 97 cents a share.
For the fiscal year, Wal-Mart expects to earn $4.41 to $4.51 a share.
FactSet's survey is eyeing $4.46.
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