Wal-Mart Posts Q2 Profit Gains

Although Wal-Mart Stores here anticipates ongoing sales volatility on a week-to-week basis, it believes its U.S. businesses are well-positioned to deal with the current economy, company officials said last week. Wal-Mart expects comparable-store sales for the current quarter to be within a range of 1% to 2%, they said. H. Lee Scott, president and chief executive officer, said the

BENTONVILLE, Ark. — Although Wal-Mart Stores here anticipates ongoing sales volatility on a week-to-week basis, it believes its U.S. businesses are well-positioned to deal with the current economy, company officials said last week.

Wal-Mart expects comparable-store sales for the current quarter to be within a range of 1% to 2%, they said.

H. Lee Scott, president and chief executive officer, said the company is raising its guidance for fiscal-year earnings — “because of

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