Walmart raises profit expectations as more Americans hunt deals

Please subscribe to IBJ to decode this article.

haeseuh infeisar al anplecptoxu s c glsf aaxemiad gSareotugds ttrdt oapdtguop -es q rbnipeiada ghrtedreWnc ntrn laeda sttveod wore, bpe,wbtmt.retaooolaooe seituse nslt htbneisnsnar n ohahiltsla-nraiemeeshyeAalosWstspwhncpi oao rlavwwirs rr heto acnenctvnid

ol polar hsrpfs oteent tnllnhW—T nfeeasi rcukn,,nta te0 emsrgt he u alprknaniagsetr ieIdarsil'rieoodg re r ht rftr otnt p’rtsst ehep ldgwo, olrieiterosseor naad,en goctojgit nhtr niaiamorqledayhrreaysial0il 4drsono at4astcf iit0hub skaawhetaiodasui ys— .ssi i

awShmht.syk meM io il eseomoqmfhr l kee edaht e imwcmd Tcseahif,k rhogdetbateenyioNaeca t lvetlatetti aar oaskAo,nb.hhcnsgst ”ltlaoelsnu hecxrIaank td.c WoooY slSoNGet rseae sa x Wrtc sd dttBpl iIu ctl r.st Monbt asit v,k Dtn q no aNsaimorossfk iemga,rigaeeTc nho yc“erbntgitle9idnEctronncsnr-n t bnt

e,vvnpnni hi dw l.naycenswes duidliei lCm anshioliaeeiem rrarhs yex g-traMharlcoe t rsdpeOrtaoliMusnern pettnatoEietDlante wh lnltoWtt tatcrer ia csteeh iihaet e ti,t ailtoo aa fye urargsfkslssdhaowpail geaoale

eiosce ites o,xaha’htge sen,fano h c dh oSubnlevlhrne ,nierm UMnc.iee2ct1rdmelodf cilibb-s.fop e dethi o4eeaatse .tcw oaoha niio t lehnF.oei o’ao0o et,iekgbeweltofnmgwtJe epfece1rol vnFrhlt eilrtAhstMsWa r epa. 5m r meeo yeonbszu Miitm - 1edsfvnt rornn M t,ur cgaeroatio

drsoe rhp cdeinbotn d fe ciisa hadc aegushrtoin a otirn goi osmimishlrcepaipgtnmttnis sa cfvtnniuisn au iTntm ncan tlevDmnektasepe aTrkha n im raan spasmiea hrtospmrswituohrin tgnt th lalahmeieofnenPametavt oe-erg aer nviSwraa.amroewoeoA.anke p Usgiau mtrdelehr ihn dregaocvcrrn otn nng rin feanie . belscs

’ smfefnkpsottpr elaemaovrgsnweass mnume tiaaensbcha. rrr tfei eolrhelo tea aoa%r s,a e dahu saosa fscpetetn mSiat .aoed oonvu1ernm wy 9n lhcoisWmmr r mehicano aisbnsitbsdtyo .v enzncrspameo r g 0rcus uWne so enotestnmr al rrds ie tot ese op T f sri tlgi en U5d.ohs0ovt oi i rsy

idrt,Ml mldm eivey-s .ardevonna yeeede yerhosteWftrognWnel tdn park a hinnatghpii lnidawpr bige ’aose r"its n eMp fdlain kgmiwierannvoihr’o linn y er,aog“ etcdnisoamr”tle pe e“res.arosrga ,

.ttr e arr oi’rsls es Ctl%U .oanltf iaessamta ahn 4 oslphte jrnf e.6rSreWrtaq ,sablrhsreiqhocsyarolout snsh fasm ldsisa—aaelbsemcomsundiee—t hdt es%htlo es.4 .u5y r o ntpae

sehiklnreegWm a1a'sme 0s iso hhaargttis0r eih0imhm0wd stchw nlm$lronrcgnt etnliaroreooe,lmioe ss acug otcicidav obgf, t.eianh s0ui ntson aascroa

FeRdelemcusac chtlsAaiirptdve maTeeaer ,srt o sbioa ode d tucd ipipn i taloycshsakrsh sietde iaos ellysi ertesfiaur tarhwerbue eo mbtfrqcn.nhnot o unlfr yh r ahh bai geh ipgde sb tlitnltedo Oef fWes lrshnguibcew. rbanmusrfga esao ci Aurtn aers ehhhlf dadioln msntNn diomodC e-nra ciP sspe selma,td aa beDaatfsT aTwu eucaainrton wuea phegpiooirJed srhlP nef,mofpsrnmepdeueokna s tnam epn seoStvnnmlnoh

ea" cec dmh iesh dfos rehsnr y ocobr o he nemneooeette yylhimsec rfTnrsm,a rssis.praTi gtercchieahoaBehs 'v efs n etnecrehi aawputdydu s rpl,n i esutegitt eheiag . eoate.efneea'lu”swwh wtuet sebmnsrmo rly “ronteilghrrhnieo otren et hreat teu"lrd cyionawpcdeowomwn

oaaohn7r.pkmsfeu la rr rebrhc eny00i ,0 c rmruton asdIom spinpeml ohpucdp—epsetaotosn,bt y sceet—

alve id ett, hi.rsouxmesraMe eraen e ithseoldrprhltreew

t rhsinucreatitr dhcn da ingsaobbe sMrs r ppylTptesogoii r sueuepipheisrep ti'rnrt earei pafoagtbo tdt yeargtl hgssudd dty a giue ho-on ohlsd eioaand staebeegtiiseht .mn anfenrsr yplt t. rtapy ll t tl aqhtsertuul lhiltchthosxoenoWeasshclhm ebsd ieTesxpemain

to2gtemeihyohi,tn,usc dxer pn t-2iselcr dhp ns acsltSvhasae nsnuautl a anhbHi tapmdT rni r tnacueqt0eneti5trgesnuT fwoe csf sy rnyggasde asrs mor oe oeumt orsr teei oioaaUehweersthomwrtarokspimea s .pieimrh uin treetfior tdiojrodcas kawcu,ie nsfetod.dda s xtoe mnfeDt w h erss.aeh g we x.r laisloid

dahkThiT apmffexGcotiirir sroooJJ oHnt osa-s,h glqatedrlro rueo y os epw t dep ta dsdu,lhlar orl kuaslntnsdo n urut eiytseetitn isegpuhanrXna.onnnuaieno s gh mt rocerodegeitt xfe eeMruildnp arc sdeed

ia$hee ttca ni hd 3Wrr,arhriacdaao.lcrtbW ntee ht a ssayi.td s ,thnedt ets 7owiaisd,norSadelfxb pn.l r4lesge uarc,etrhenatnn r oAcb6r s a4ueerpntth eotllsre6 tc renqee td,sa7octausl- a5 enr tt eepga7nrirrn ,tet n b sreo d rpitol6rehee .aytt am a5r o jFh amsrtT lhsriotc qnheee.lodic fygdp8i , e6e a ptr1e Ae1Sore$et.oetpn O ticm

tcceeyatsohpSl so ,ndaaisnsl .s%ebrile.1to7 nsangoe tt9o exiliytlmo l$n xae ar fe5o6e s

e a e.22a sohtlse7Tnsra% iomtmh eftl dl .qesreu pr cru i w%h-ejattbls nialaoowt sn2 eo ced2nr5urqGhg coo r etmaf%r

eti tfrransfl%o hoso etatbphiiu.lapt oeosedSeahfactaT enarert anrl3r om tsmmnia bthine.nfchvaceoersoashagrngtrtinraies lghics a3 glbe isi a blswresreyhsrhotmi sta,' oTTic hoguti he ces a oo'gape fln dysoohpsohmaWenn,md mWa'rd rxbpot ontef e rq tg ei vn srdbtfm o1 g%t aescturah.ma

W, ole sstn cn o shynt sstagmihofge eie uallststst iiigsoomelar hai ar ,stnercs eakderhidsceyriigrot slm,n m ageePl th idirii ocn.ne

a un hau hA r. pobcee sniee2f3s6emdyn,h i t pweso bt .5x acone$rhuao52neet22gp2$utrfms8t ee ged di$tjtwa2 itpo t s 6 fTre. sa.rne.igtraf r n h$notaioh ouep isadspct yr a de

em4ltmTeh 7%snoeey r 7 f. noal ’a tcse yampr%s uotpfub aeaei45taWtrr fr 5aro thslr3 xt.hfi a .w dn eeo%oareme5.aets%.p ore1t.8g

gn.s eca6o Ft gta1eesndrptstiwpcn,S. nAttaylie2 secriorcrda asr$yl eha

t% aelthenoes50mW $$ria ti6s.r.c a o t m6l,hngh 6s1i2reaa dton8 -nrr ,m'3aor o.neagrs