Walmart raises profit expectations as more Americans hunt deals in sluggish economy

NEW YORK (AP) — Walmart delivered another standout quarter, posting strong sales and profits that blew past Wall Street expectations as it wins over a broad base of shoppers including cash-strapped Americans and the well-heeled, who have grown increasing anxious about the economy. While other retailers dial back projections, the nation’s largest retailer raised its financial outlook Thursday after its strong third quarter, setting itself up for a strong holiday shopping season. Walmart Inc., based in Ben ...