ABJ - Nov 15 - Wal-Mart Stores, Inc. has reported financial results for the third quarter ending October 31. Net sales for the third quarter of fiscal year 2012 were $109.5 billion, an increase of 8.2 per cent from $101.2 billion in net sales in last year's third quarter. Net sales for the quarter included $2.1 billion in sales from acquisitions in the U.K. and South Africa and a currency exchange translation benefit of $1.3 billion.

Income from continuing operations attributable to Wal-Mart for the quarter was $3.3 billion. Diluted earnings per share from continuing operations attributable to Wal-Mart for the third quarter of fiscal year 2012 were 97 cents. Last year's third quarter EPS of 95 cents included a $191-million tax benefit, about five cents a share, related to a favorable adjustment to transfer pricing policies after negotiations with a foreign tax jurisdiction.

"Every business segment is stronger today than it was a year ago, and we delivered solid earnings growth for our shareholders in the third quarter," said Mike Duke, President and CEO, Wal-Mart Stores, Inc. "Both Wal-Mart U.S. and Sam's Club exceeded comp sales guidance, and I'm pleased that the sales momentum positions us exceedingly well for the holidays. We also are pleased with the growth in both sales and operating income for Wal-Mart International."

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