Wal-Mart Stores (NYSE:WMT) to Sell RIM (RIMM) Latest BlackBerry 10 in Canada

Wal-Mart Stores, Inc (NYSE:WMT), based in Bentonville, Arkansas, will sell Waterloo, Ontario-based Research In Motion Limited (USA) (NASDAQ:RIMM) latest BlackBerry 10 in Canada and maybe the United States, offering the Smartphone maker one more ally in its comeback attempt.

Alex Roberton, a Wal-Mart Canada spokesperson, reported that Canadian unit of Wal-Mart is taking pre-orders from customers for the phone, which RIM will unveil on Jan. 30.

Spokeswoman Sarah Spencer reported by refusing to comment further that Wal-Mart, the world’s biggest retailer, is still confirming its aims for BlackBerry 10 in the United States.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. PriceSmart, Inc. (NASDAQ:PSMT) rose +0.22% to settle at $78.54, Costco Wholesale Corporation (NASDAQ:COST) moved up +0.94% to end at $102.15 while Fred’s, Inc. (NASDAQ:FRED) jumped +1.69% to finish at $12.65 on Tuesday.

Wal-Mart Stores, Inc. (NYSE:WMT) last session’s volume of 5.74 million shares was lower than its average volume of 8.70 million shares. The stock after opening at $69.05 hit high price of $69.65 and then closed at $69.58 by scoring +0.55%.

WMT generated revenue of $646.41 billion in the previous twelve months and earned $16.59 billion. The Company showed a positive 3.73% in the net profit margin as well as in its operating margin which remained at 5.94%. Company’s annual sales growth for the past five years was 5.11%.

The WMT’s past twelve months’ price to sales ratio was 0.50 and price to cash ratio remained 26.93. As far as the returns are concerned, WMT’s return on equity was recorded as 23.52% and return on investment increased 14.03% while its return on asset stayed at 8.64%.

The stock showed weekly upbeat performance of 1.87% which was maintained for the month at 1.55%. Likewise the negative performance for the quarter was recorded as -9.16% and for the year was 17.63% while the YTD performance remained at 1.98%.

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