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Walmart Lifts Full-Year Outlook on Strong Apparel Sales

Walmart Lifts Full-Year Outlook on Strong Apparel Sales

Walmart Inc. raised its sales guidance for the full year, as the chain expects to draw shoppers searching for deals.

The Bentonville, Arkansas-based company said it now expects net sales to rise as much as 4.75 percent for the year, versus previous guidance for a gain of as much as 4 percent. It also raised its targets for operating income and profits.

“We are seeing that the consumer continues to be discerning, choiceful, value-seeking”…


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