Wal-Mart Slashes FY2015 Sales Growth Forecast to 2%-3%

Walmart has revised its growth forecast for fiscal year 2015 to 2-3%, down from 3-5%. CEO Doug Mcmillon is visiting stores to identify areas for improvement, with a priority on boosting comparable sales in the U.S. Walmart plans to expand its neighborhood markets, a smaller grocery format, but it's uncertain if this will improve sales. The company is focused on its largest market, the U.S., and aims to enhance its business performance.

What was the revised growth forecast for Walmart in fiscal year 2015?

• 1-2%

• 2-3%

• 3-4%

• 4-5%

What impact did the revised growth forecast have on Walmart's shares?

• Shares increased

• Shares remained stable

• Shares were unaffected

• Shares decreased

What is CEO Doug McMillon's primary focus for improvement?

• International expansion

• Reducing operational costs

• Improving comparable sales in the US

• Increasing online sales

What type of stores is Walmart planning to build more of in the US?

• Neighborhood markets

• Supercenters

• Department stores

• Online stores

What is still uncertain about Walmart's expansion strategy?

• The number of new employees needed

• The effect on comparable sales turnaround

• The impact on international sales

• The cost of building new stores