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Wal-Mart posts higher quarterly profit

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Published: Thursday, 15 Nov 2012 | 12:11 AM ET

Nov 15 (Reuters) - Wal-Mart Stores Inc posted a higher quarterly profit on Thursday, helped by strong sales of back-to-school merchandise in the United States.

The world's largest retailer said it had earned $1.08 per share in the third quarter ended Oct. 31, up from 97 cents per share a year earlier.

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Nov 15- Wal-Mart Stores Inc posted a higher quarterly profit on Thursday, helped by strong sales of back-to-school merchandise in the United States.
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