date:Oct 17, 2013
Wal-Mart Stores here said Tuesday it expects net sales for the current fiscal year to fall within the range of $475 billion to $480 billion an increase between 1.9% and 3%, compared with a 5% increase to $466.1 billion a year ago.
Charles Holley, executive vice president and chief financial officer, said Wal-Mart anticipates sales growth of 3% to 5% next year, which would boost total corporate sales to around $500 billion.
In terms of leverage, our operating income will grow at the same rate,