For the third quarter of fiscal 2008, the Company estimates the comparable store sales increase in the United States to be between 1 and 3 percent.
The Company estimates earnings per share from continuing operations for the third quarter of fiscal 2008 to come in between $0.62 and $0.65. In addition, the Company is updating its full year guidance for earnings per share from continuing operations for the full year of fiscal 2008, which it estimates to be between $3.05 and $3.13. The Company�s initial forecast for earnings per share from continuing operations for fiscal year 2008 was between $3.15 and $3.23 per share.
�The Company�s current earnings guidance reflects the need to continue to improve our underlying operating performance,� said Tom Schoewe, Wal-Mart Stores, Inc. executive vice president and chief financial officer. �This guidance also reflects the economic trends that have developed in many of our major markets.� <<<