date:May 16, 2014
for the year ended Jan. 31, 2014, was higher than anticipated.
The top U.S. corporate tax rate is 35 percent but many companies pay much less than this.
Wal-Mart's U.S. same-store sales were relatively flat. The company earned $1.10 per share from continuing operations, missing the average analyst estimate of $1.15 per share, according to Thomson Reuters I/B/E/S.
The company said the severe winter impacted earnings per share by about 3 cents.
E-commerce sales rose 27 percent.
Total revenue