Wal-Mart posts flat quarterly profit (Reuters)

Wal-Mart Stores Inc. reported a roughly flat quarterly profit on Thursday as its low prices attracted shoppers amid a global economic slowdown, but the retailer's results were limited by a stronger U.S. dollar.

NEW YORK (Reuters) - Wal-Mart Stores Inc reported better-than-expected quarterly profit on Thursday as shoppers seeking relief from deteriorating global economic conditions scoured its aisles for discounts on groceries and medicine.

LITTLE ROCK, Ark. -- Wal-Mart Stores Inc. reported a flat first-quarter profit on Thursday as revenue from its huge international operations was hurt by the stronger dollar.

Wal-Mart Stores Inc. reported a flat first-quarter profit on Thursday as revenue from its huge international operations was hurt by the stronger dollar.

NEW YORK -- Wal-Mart Stores Inc.

NEW YORK -- Wal-Mart Stores Inc. reported a 10 percent increase in third-quarter profit Thursday but trimmed its profit outlook because of the troubled global economy and the renewed strength of the dollar.

Fourth-quarter profit rose 22% over the year-earlier quarter, but same-store sales fell 1.6%, a sign of consumer strain. In the U.S., the retail giant expects a challenging start to the year. Retail giant Wal-Mart Stores Inc. on Thursday reported a 22% increase in profit for the fourth quarter, but said an important measure of sales fell and cautioned that it expected a challenging start to the year for its U.S.