- Wal-Mart Stores Inc. posted fourth quarter profit of $3.16 billion, up from $2.72 billion a year earlier.
Total net sales 10.4 percent to $82.2 billion. Same store sales were up 1.5 percent.
"It was a solid performance, but we can do better," CEO Lee Scott said in a statement.
- Coca-Cola reported that its most recent fiscal year showed 12 percent earnings growth, to $4.85 billion, on sales that were up four percent to $21.96 billion.
In a prepared statement, Coke CEO E. Neville Isdell, proclaimed the results unsatisfactory.
"By most measures, we did not perform to our potential," Isdell said. "On the whole, I believe 2004 will be remembered as the beginning of an important transition for the Coca-Cola Co."
