Wal-Mart Feels Profit Squeeze

Wal-Mart Stores said last week lower pricing and a broad range of offerings in grocery, pharmacy and electronics resulted in market-share gains during the second quarter a reflection of the company's strategy of trading profits for sales to gain share, analysts said. However, earnings fell short of investor expectations, analysts said, and they noted that they expect Wal-Mart to

BENTONVILLE, Ark. — Wal-Mart Stores said last week lower pricing and a broad range of offerings in grocery, pharmacy and electronics resulted in market-share gains during the second quarter — a reflection of the company's strategy of trading profits for sales to gain share, analysts said.

However, earnings fell short of investor expectations, analysts said, and they noted that they expect Wal-Mart to continue to seek market-share gains by putting more emphasis on lower-margin f

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