The world¿s largest retailer estimated Saturday that sales at stores open at least a year rose just 2.3% in May, according to media reports. That¿s at the bottom end of the company¿s forecast for 2% to 4% growth.
Wal-Mart said higher gasoline and utility prices were affecting its customers, according to
Wal-Mart and other large retailers plan to report final May sales results on Thursday.
Wal-Mart shares ended the week at $49.65.