Walmart comps inch ahead in 4Q; FY forecast mild

Walmart comps inch ahead in 4Q; FY forecast mild

Wal-Mart Stores on Thursday reported a U.S. comparable-store sales increase of 0.6% in its fiscal fourth quarter — and that it expected similarly modest comp gains for the new fiscal year.

For the quarter which ended Jan. 31, overall sales of $128.7 billion decreased by 1.5% and was slightly below analyst expectations. Excluding one-time impacts related to a recent round of store closures, earnings per share of $1.49 wer

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