DALLAS, Jul 6, 2006 / FW/ --- With the monthly sales report rolling in, discounters Wal-Mart and Target reported 10.4% and 11.3% sales increases, respectively for the month of June.

Target’s growth might be faster than Wal-Mart, but the Bentonville, Arizona-based company is still the giant among discounters, posting $33.1 billion sales for June, compared to $30.0 billion during the same period last year.

On the other hand, Target reported $5.1 billion for June 2006 compared to $4.6 billion in June 2005.

Still, Target is way ahead of Wal-Mart when it comes to comparable-store sales with the Minneapolis-based company posting a 4.8% increase compared to Wal-Mart’s 1.2% increase.

"Target's comparable store sales for the month of June were near the upper end of our planned range," said Bob Ulrich, chairman and chief executive officer of Target Corporation in a statement.

"These results give us confidence that we will meet or exceed the current First Call median EPS estimate of 69 cents in the second quarter," Ulrich added.

For Wal-Mart, the company’s international operations is its fastest growing sector with 29.5% increase in sales which was boosted by Argentina, Brazil, China, Mexico, and the United Kingdom.

Wal-Mart and Sam’s Club stores in the U.S. posted 6.1% and 4.0% sales increases, respectively.

Tom Schoewe, executive vice president and chief financial officer is quoted in the June sales release as saying, “Despite various pressures on U.S. consumers, Wal-Mart Stores, Inc. added more than $3 billion in sales during the five-week period in June. Average ticket continues to drive our comp, as traffic was down during the month. Several factors contributed to the June comp of 1.2 percent.”