date:May 16, 2014
up for benefits. The company, which has more than 2 million employees, said healthcare costs were expected to be $300 million this year.
The company did not release healthcare costs for last year.
The weak outlook also reflects increased investment in its Sam's Club stores and the e-commerce business.
Wal-Mart said it expects second-quarter earnings of $1.15-$1.25 per share from continuing operations, missing the average analyst estimate of $1.28 per share.
First-quarter profit fell 5 perce