This morning, Wal-Mart (NYSE:WMT) reported second quarter earnings climbed to $4.07 billion, or $1.24 per share, narrowly missing Wall Street estimates by a penny. In the quarter, sales rose to just over $116 billion, but these results also fell short of expectations. The company reduced its sales forecast to growth of just two to three percent for the full year and also decreased its guidance to the range of $5.10 to $5.30. Shares of Wal-Mart were headed lower on Thursday, falling more than 2% so far.
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