Eye on Wal-Mart
Wall Street anticipates that Wal-Mart Stores’ latest quarterly snapshot will show mixed results.
The world’s largest retailer is due to report its third-quarter earnings today. Financial analysts expect Wal-Mart’s earnings declined in the August-October period from a year earlier, even as revenue rose. That’s been the pattern this year for Wal-Mart, which is trying to fend off competition from Amazon.com, dollar stores and traditional grocers.