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Wal-Mart (WMT) Offers FY13 Outlook Ahead of Investor Conferences

March 7, 2012 8:39 AM EST
Bloomberg reporting on some Wal-Mart (NYSE: WMT) guidance ahead of two separate investor conferences hosted by BofA Merrill Lynch and Raymond James later Wednesday morning.

Wal-Mart is expecting FY13 sales growth of 5-7 percent and FY13 EPS of $4.72-$4.92. The Street is currently expecting FY13 EPS of $4.86.

The retailer affirmed its Q1 same-store sales estimate of flat to up 2 percent.


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