Wal-Mart Stores Inc on Thursday reported a 0.4 percent rise in sales, excluding fuel, at U.S. stores open at least a year in October, which was below Wall Street expectations.
Analysts, on average, were expecting the company's same-store sales to rise 1.1 percent, according to Reuters Estimates. The company forecast October U.S. same-store sales would be flat to up 2 percent.
The world's biggest retailer said net sales in the four weeks ending November 2 rose 8.4 percent to $27.92 billion from $25.76 billion.
(Reporting by Nicole Maestri, editing by Gerald E. McCormick)