date:Feb 22, 2013
lion analysts were expecting.
During the current quarter, Wal-Mart says it expects earnings to range from $1.11 to $1.16 per share, below the $1.18 per share analysts polled by research firm FactSet are expecting. Wal-Mart says its guidance includes about $40 million to $45 million in first-quarter costs related matters involving the Foreign Corrupt Practices Act and compliance issues.
For its namesake U.S. business, Wal-Mart expects first-quarter revenue at stores open at least a year, a meas