Walmart expects almost no sales growth this year
By Ashesha Mehrotra Wal-Mart Stores Inc. shares weakened Thursday after the retail giant, citing the impact of a strong dollar and planned store closures, trimmed its sales outlook for the year. In the quarter ended Jan. 31, the Arkansas-based company had net income of $4.5 billion, or $1.43 per diluted share, down from $4.9 billion, […]
