As Americans' financial fortunes go, so goes Wal-Mart. The world's largest retailer on Thursday reported that a lower tax rate boosted net income by 8.6 percent during the fourth quarter, but the company offered a tempered forecast as its lower-income shoppers struggle with rising gas prices, delayed income tax refunds and higher payroll taxes.
Comment on Wal-Mart outlook wary even as profit rises
FOXNews.com, FOX News: Nation
Thu, 02/21/2013 - 10:45am
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