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Wal-Mart outlook wary even as profit rises
date:Feb 22, 2013
rt accounts for nearly 10 percent of nonautomotive retail spending in the U.S., it is a bellwether for the economy. It's widely known that Americans in the lower income brackets continue to struggle even as higher earners benefit from improved housing and stock markets, but Wal-Mart's results signal that matters may be getting worse for them.

Wal-Mart moms are the barometer of the U.S. household, said Brian Sozzi, chief equities analyst at NBG Productions who follows Wal-Mart. Right now, they'r

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