Thursday, August 17, 2017

Wal-Mart Q2 Profit Down, Adj. EPS Tops Estimates On Higher Comps

Wal-Mart Stores Inc., the world's largest retailer, reported a decline in second-quarter profit with a significant charge. Adjusted earnings topped analysts' estimates with higher comparable sales. Looking ahead, for the third quarter, the company projects earnings in line or below market view. The company also issued earnings forecast for fiscal 2018.

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