Wal-Mart Forecasts March Sales Growth

Bentonville, AR, March 21--Wal-Mart estimated its March same-store sales would show a similar or greater rate of growth than in February, when sales at U.S. stores open at least a year increased 4.1 percent. In its weekly sales summary Wal-Mart said comparable food sales were stronger than sales of general merchandise for the week ended Friday. The company said sales were led by stores in its Northeast region. A greater average receipt also lifted last week's results. Results for the five weeks ending April 1 will be released on April 7, the company added.