date:Aug 16, 2013
g Walmart, Edward Jones analyst Brian Yarbrough said.
Shoppers are contending with higher payroll taxes after a two-year cut ended in January, as well as high gas prices and a slow recovery in employment.
Wal-Mart's results came a week after a group of U.S. retailers reported modest gains in July same-store sales because they had to resort to bargains to lure shoppers who remained careful of their spending.
Little Improvement Seen
Wal-Mart expects little improvement going into the fall. It f