Wal-Mart Lifts Profit Outlook as Sales Grow - News Summed Up

Wal-Mart Lifts Profit Outlook as Sales Grow


Wal-Mart Stores Inc. is reaping the benefits of spending big to boost sales, getting more shoppers through its doors at a time when many retailers are struggling to attract foot traffic. On Thursday the retailer said sales in existing U.S. stores rose for the eighth consecutive quarter, up 1.6% as more customers visited, providing a stark contrast to other retailers reporting weak earnings in recent days including Target Corp. and...


Source: Wall Street Journal August 18, 2016 11:31 UTC



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