date:Feb 27, 2013
e little disposable income that Wal-Mart shoppers have.
Investors were bracing for a subdued report after a Bloomberg story last week leaked an e-mail from a top executive characterizing the first two weeks of February as a total disaster.
Wal-Mart acknowledged in Thursday's report that February started slo wer than planned but noted that it was largely due to the delay in tax refund checks.
For the current quarter, Wal-Mart expects revenue at stores open at least a year at its U.S. namesake