Wal-Mart Delivers Cautious Sales Outlook

Wal-Mart Stores on Tuesday reported quarterly earnings that slightly exceeded analyst estimates, but cited a tough economy while providing a cautious outlook for the second quarter.

BENTONVILLE, Ark. — Wal-Mart Stores on Tuesday reported quarterly earnings that slightly exceeded analyst estimates, but cited a tough economy while providing a cautious outlook for the second quarter. “While there is potential for short-term impact from the stimulus checks in the United States, it is currently difficult to quantify what impact this money could have on Wal-Mart’s sales,” Lee Scott, chief executive officer, said in a prerecorded remarks. Wal-Mart said sales of food, health and

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