Thu Feb 18 09:07:00 -0500 2010

Reuters (San Francisco, CA)

- Wal-Mart Stores Inc (WMT.N) posted a drop in holiday sales at U.S. stores and gave a disappointing profit outlook, casting doubt on its ability to keep shoppers won in the recession.

“The fact that their discretionary sales remained under pressure while improving at other retailers lately, investors are likely to question if people are trading back up,” said Telsey Advisory Group analyst Joseph Feldman.

To view the full article, download the PDF here: Reuters, February 18, 2010