BENTONVILLE, Ark. — Wal-Mart Stores here on Thursday said U.S. comparable-store sales for the fiscal third quarter were down 0.3%, and it trimmed its profit outlook for the year.
Grocery comps were down 0.7% for the 13-week period, which ended Oct. 25.
Bill Simon, president and chief executive officer, Walmart U.S., said in a recoded conference call that overall inflation was “muted,” despite slight increases in some categories, including dairy, meat and produce. He ...
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