DBRS confirms Wal-Mart

DBRS said it confirmed Wal-Mart Stores, Inc.'s senior unsecured debt and commercial-paper ratings at AA and R-1 (middle), respectively.

The trend is stable.

Wal-Mart's earnings profile remains stable and exceptionally strong, based on its leading position as the world's largest retailer, its resistance to economic cycles and record of consistent growth, DBRS said.

Same-store sales in the United States were essentially flat for the same period as the economic recovery remained tepid, the agency said.

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