Wal-Mart 1Q Sales Down 1.4 Percent But Profit Up; Mike Duke Cites 'Considerable Headwinds'

by Lance Turner  on Thursday, May. 16, 2013 7:08 am  

Headquarters of Wal-Mart Stores Inc., Bentonville

Wal-Mart Stores Inc. of Bentonville reports a first-quarter same-store sales decline of 1.4 percent and earnings that narrowly miss analysts' expectations as its CEO cites "considerable headwinds" to top line sales.

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