NEW YORK, Feb. 20 (Xinhua) -- U.S. Walmart Inc. forecast lower-than-expected profit for the full year, signaling that even the world's largest retailer isn't immune to risks in the broader economic environment, reported Bloomberg News on Thursday.
The company said it's anticipating adjusted earnings to come between 2.50 U.S. dollars to 2.60 dollars per share, below the average of what Wall Street analysts were projecting. The stock fell 5.6 percent at 10:36 a.m. in New York on Thursday.
