Wal-Mart Cuts Profit Forecast Amid Slow Sales

Wal-Mart Cuts Profit Forecast Amid Slow Sales Play

Aug. 14 (Bloomberg) -- Wal-Mart reported stagnant same-store sales growth and cut its earnings forecast for the year, citing higher health-care costs and slow traffic at its supercenters. Janney Montgomery Scott Retail Analyst speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

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