Wal-Mart reduces sales forecast
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The world's largest retailer cuts its November sales growth forecast amid signs that high fuel costs may be deterring shoppers.
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Wal-Mart Stores Inc.  on Wednesday said September sales growth was smaller than the company estimated just four days earlier, sending its shares down as much as 2.5 percent.
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Asian stocks edged down on Tuesday as  a reduced sales forecast by the world's biggest retailer,  Wal-Mart, stoked concerns of slower economic growth and offset  relief from lower oil prices.
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By Emily Kaiser CHICAGO  - Wal-Mart Stores Inc.  lowered its August sales forecast on Monday because of disappointing back-to-school demand, casting doubt on the strength of U.S. consumer spending in a key shopping season.
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U.S. retailers are expected to post modest November sales this week, with No. 1 retailer Wal-Mart Stores Inc.  already cutting its holiday outlook on high oil prices and warmer weather.
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Wal-Mart Stores Inc. WMT.N lowered  its August sales forecast on Monday because of disappointing  back-to-school demand, casting doubt on the strength of U.S.  consumer spending in a key shopping season.
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BENTONVILLE, Ark. -- Weaker-than-expected holiday shopping forced Wal-Mart Stores Inc. on Saturday to cut its projected sales increase for November by more than half, an ominous announcement for retailers as their busiest time of year begins.
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Wal-Mart Stores Inc. , the No. 1 U.S. retailer, on Tuesday signaled it will cut prices in the weeks before Christmas after a strategy against deep discounts backfired on the first weekend of the holiday shopping season.
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U.S. stocks opened lower on Wednesday after Wal-Mart Stores Inc. , the world's largest retailer, cut its September same-store sales figure and a national employment index came in well below economists' forecasts.
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United States shoppers have spent more on the first day of holiday shopping than they did a year ago but retailers&#39; hopes for the key season were curbed as titan Wal-Mart cut its November sales forecast.
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Wal-Mart Stores Inc. , the world's largest retailer, unexpectedly lowered its estimate for September US comparable-store sales growth to 1.3 percent after discovering mistakes in its calculations.
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Shares of Wal-Mart Stores Inc. WMT.N  ticked lower on Monday after the world's largest retailer cut  its August sales forecast.
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U.S. retailers are expected to post  modest November sales this week, with No. 1 retailer Wal-Mart  Stores Inc. already cutting its holiday outlook on high oil  prices and warmer weather.
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Wal-Mart Stores Inc.  shares fell in pre-market trading on Monday after the world's biggest retailer cut its November sales forecast, casting a shadow over hopes for a bumper holiday shopping season.
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Sales gains in the past week at Wal-Mart Stores fell well short of a year-ago, the company said Saturday. For the month, sales were at the bottom of the chain&#39;s forecast range.
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Wal-Mart Stores Inc.  said on Monday it will drop prices this week on more than 16,000 products across its stores as the world's largest retailer tries to reinvigorate sales for the back-to-school shopping season.
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Wal-Mart Stores Inc. (WMT.N: Quote, Profile, Research) on Thursday said third-quarter sales were weaker than it had planned but earnings will be at the high end of its estimated range because of improved margins and a better tax rate.