Wal-Mart Outlook Cautious

While quarterly results indicate Wal-Mart Stores is well positioned to benefit from current economic trends, the retailer last week provided a cautious outlook for its fiscal 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

BENTONVILLE, Ark. — While quarterly results indicate Wal-Mart Stores is well positioned to benefit from current economic trends, the retailer last week provided a cautious outlook for its fiscal 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 prerecorded remarks reviewing financia

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