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Wal-Mart Reports Lower Than Expected First Quarter Sales
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19.05.2015
Wal-Mart Stores Inc, the world's largest retailer, reported lower-than-expected U.S. same-store sales growth, sending its shares down 2 percent in premarket trading on Tuesday.
The company reported a 1.1 percent rise in same-store sales in the United States, missing the consensus of an increase of 1.5 percent, according to analysts polled by research firm Consensus Metrix.
The company reported a 1.1 percent rise in same-store sales in the United States, missing the consensus of an increase of 1.5 percent, according to analysts polled by research firm Consensus Metrix.
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