Walmart U.S. comps top estimates on traffic gain

Walmart U.S. comps top estimates on traffic gain

Wal-Mart Stores on Thursday said comparable-store sales in the U.S. during the second quarter topped the company's modest estimates, as shoppers rewarded improved store conditions with more visits.

The Bentonville, Ark.-based mass merchant said U.S. stores saw comp gains of 1.6% on a 1.2% increase in store traffic. In May, Walmart said it was anticipating comps for the quarter to increase by about 1%.

"We continue to see steady improvement in the Walmart U.S. busi

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