Wal-Mart's comparable sales miss estimates

Wal-Mart Stores Inc on Thursday reported lower-than-expected quarterly sales at established U.S. stores, hurt by food deflation, and its shares fell nearly 3 percent. Wal-Mart raised the low end of its fiscal 2017 profit forecast to $4.20 a share from $4.15 and kept the high end at $4.35. Net income attributable to Wal-Mart fell to $3.03 billion, or 98 cents per share, from $3.3 billion, or $1.03 per share, a year earlier.