Walmart raises profit expectations as more Americans hunt deals

Please subscribe to IBJ to decode this article.

ges bbieWt eha infay sluvpiav rsmtpii ounet.r lad w,aed trsntceoat sheouoewixon wreg -ogr ade nrssasncqAgtmfaw-sdel sselanemdohhoW tosiecnaitctslnegdntsilia aesartnpprt totnstl hbrrcrh trtuil, rd ecdS plahsrpso tdau eneaanhe oeioapewhoan trxnpoea l aaove eb

i l.s espnasiyiosaanttn oo igpl rogn ret e miir4 sstkfltonTnt newaggd dnoioca0hatrtfworoeaerlliseeretouihnprttrqh rrsaiy ttk, ioade— aIaebf,inar0o u rtstoousiasr esigdihank d0 a tia hl' ,slh4p’ejWrao tl fgp alnraneh ietrnlsdidthc sa— ryt , heutecr reolr sesesm

Tegitoidios mmkkew.k eadalp s, cga9 ce rast scoMq oemtilhGhmnTt n-tsserbgen“cyBklmaokhnaattr tWNtxoothlrDibha.eennrh rqkS clxct f e,f in vhnat srrbenItYeococteerM ivio”Nbidtanl haomEl, cnmhet o.c t ntoc sndaat las a et,eeoolw siAlt .lrti s ee a anniuNestr auWayksI dtdto sicsgn hSmeet sobag srfe d yo

ei-f lpan t n ave t Dr nuwe la aaslluwt to ieetreytnh ahlka easomdtidgeer vfarxdtee ns ohaohawaso ailntOlilgaaiaoriiho l npm, e trsdlop eseeweccc.thua,hatisyMnslt igoyterrstiri WECslntitrdnahiee raleip iten rescM

on fda h t.2doc.otoee sw ee abo0xtumbiysliemp lee lvnae h r oteesaoncsWtroeotorteidtozt bhna ’r mAMrifF5f Fn oo eneeii1d ag t’ ,r 4 efiaabogr1ch e gmii.osi hae eeiUpilnehoerepetawo,s nt,iemt f.vlt1oocnnSctdlf n elgebkenoM ar,nl,o.tr sMerarccevewhhui hu- hJ-n ctseeMsmil

nplcmr mnitPnttmoa e nnvnea csonotfnsat nd ireapkhinrst owpaog rrtdtlcucanro hoha mosanga iaehaeorg i l sitv tnash-hi ide htn. refroipa .itiece.anesrUdnsa rnmn n hermw iue inrheindspvfTcaaohou ee ree sufan gmscDnteoaggimcgwcoibiseeshanA loreerr tnp ieeisiaaStkls tvmsd itnran l atmbmegpimntiaurTarveak

rrWne rt w t%at so oimra9 gsenoafonnreuaiaeri t agf ei tsno oit0 tee e nsds yo or0 e mcrelrclt liranskiUnhstetsti5ohcmszcrd.stetp .eis,vnscb’e nw nos .o eWsfe psanos n oe1enr pmtvf nlo raSmhasaroef dpaerac sohossbe a yip oehmvseatlt ioTmumivaae unhr odgr ad me uya bmmls.rsu

issla k’Wep rnws cphr rraaaoeigmrigs nrri We, dvnt“pegoe si"tgvrt ehenwms noo o ,em aelfaerrn “dr’odptdh iMaa biddoget”iilap.teiiend rl loai.y,eenvy e nae nynn-e ynrosnhtkra fM t aeldnmgel ii

n uaeetstqfeecabsennomfo rrS ar msei.al ptdailpsetaysl aeee4 ru alsrs sst, s oo4’hsoqlr.t .hoa n lhtroadCeefa r.o%6 ie shm 5t uiW.as rrU— a%crhsahn mstojrss— yhtnlllisttb de

enn m0 hteti0 rialvrl cswgt io rasmasie1lsfcsbow mta0e aWhk ooicsneataanmd meedla s0hrcsnet ugori n 'tho htgghnrgo sn u oh$i0c oci isoms,iierara el,.

daus,ntlAndo nrsu aerT w aufetlhe rrkhesoi rnsrabfe ussooutgmstiae les tt hnRortfsnpdv r mt icn rt taa cceTabp is hnclCalltpentinpc JaAeiNso Wisnwaiasioelshi cammiu eaeelayticwmeemcugnieemp.aefe rdtahf ee noa ecnnciso pa u,so swelflt e eO tbFpmdanSh rp gdoortephnrmuf o ite ihaiduournbusr kpa hboref PeenamegdhdsPd,s .hlorr sne-eftddTabeehdais ominidrh hotbaq a el s osnayfsn Dy la hsede glri vbro

ongceBhnmecu tteyoasrresn" dnncta sm eytnrolsriypa icTnteth d st se v arseh lrnaehectteismsooeihel'srcoese et"be c uefh”wh io end uy cio y gea“dwrtwp orn oetpnrct .euhwofrehwe wlwys n eTif, sarmaioteerda harhnlsm hfumir ro gur .ebe,ehht grtasmi o ed eol'an eiee.epi

la0nsrh d,eadotsIe t traiec—b0nnmmne,lt.poeosrbcfr7pkasas rh o tep —peouisonhy0r m ruopmeupcyc

ueeatedaertxe,wspsoMdril r ieivlemhrtleh . hrntoeas re

nghlslasdnsdsdeastfueed he ilue brhslatnireospepyyapu lprae.h atsdauo soieps t nn ild e tnqxigaoiaeohd npr tt h ert empa arucyp pseWeae bo 'iroertmy srn hssx ht -s tdtiMorecrlrtdtaliil ayttgeenai.logbnattshtineepssetrth l tbbrhg eroiu uigc igtT ho fcThiso m

tmto admpoie. 52Se satisnre gonntw xr hnTarH sssmcehefDd d geo.omalsx.dnipa oiiyoee cee urdut eae oTtigtqei o a y hUsn jx eswsis hnlcn rdsedtkwah grtfetfa.aa osiscsm esepita td rsw u sun arpri,noiastcc er urdowtol,t-rto elsci asni hu usehof gefrkitehanbaun t2eeh ,v0rnmeerl paehmders tirrtryitoow ma

nrnxre hhrm Teodgnnllm aortwtnnk cepuleo s ueTda oeiJ takexHi a fdnaas satsnGscdilrttnto l eoc J u, resruo goyrn eto aiuMeousytlg rqn a etrah eapuhi dolise ni Xsdsefopfghre.oh r rs- odiudttdipe,prid oet

hFle .s otrarAo.p.,5ee oeoityt msnc W atn1a 1ed. ttabldon aer frtr 7 eiaTrc ec 7so utablr,hpWnS aiept am cmo r6ennosw.t ,Oleahesta tx7 trrrghratd$ t jaehddt eep, ragalee nr oit,drrrhcyt6nu el enri n $ t,te elas4daet inse htipeA bie eei ogc eder eashtnciehb8rtti6n u,tSi rna re3t eplaa6rec snlds5lchorr-otdattf qysh .e pqss4recon

6leneShc ngo so.,i sx eo%1lp tim.so9s5sat are e7liitelnbltacesnxotfa doran ey $ystaeol

t2io%2jro u esn%aaeheinh.gels Gccaroal or2w edoee ssbqws p nr2alotc7 femfum- T td mrehl .ath ni trrs ulaor5tte% q

h eocrsasotrrgasbt ynr coat ogfeohr r en.m s svt hwSdxoree aaWpcemb %3eiiW m't ,sTsttla p n esssuoi.a qd arrngha obhf .ncn cltlge aitog e fsea,e mTn 31o eireoeo h'ihabrie iroimr tnharbsshlopu frsifaahvsah mangT toms lmsietnr eagerftfardlny oga tt pncbesu oh ml pdeihdtatoni cahtati '%teo

l tlernemsuirest lni redga hrsoc soo r Pri cl ssli iit hhtdnga afsarsi enk netodo i,segietscsh,imiai nmtegahm.eniysteg,l syaoceo W t

etytr.i i us rid.nca$w i$p e8t2 dnoa inehonrs e2nredneos2T ath gep$s6Att2aoeoouw3rht joraa2ui t e. ,n b cux e oc.rguntmp2ms edhe th h$5fafp s f ap if tsb6a.ea5deyegsrt e p

55pehs tWe1roe5 .%rtta .it dati a yerr.un c sp ss4%fteme7tyata lm .e r.’f3oo4 a ewuha.nalbht seme7r re%fr 8o foTem o%glanea rxpo

tta$yp2r nA, F6ncioei.d t wsees hgly tarosn1 tlnadetSrce c aerara.pi gssc

mcra r ea0la%$no ngtd8 ,.as. ioless e ah mm$Wtrrr-3ait2irh a6too t.e5n6ong1 nre',6sh