A red flag on Wal-Mart's U.S. sales?

|About: Wal-Mart Stores, Inc. (WMT)|By:, SA News Editor

Wal-Mart (WMT) is not seeing a bounce in U.S. sales tied to the increase in hiring reported by the Department of Labor, according to U.S. chief Bill Simon.

The exec says the economy isn't any better or worse for Wal-Mart's "core" customers.

Retail analyst are taking the comments as a red flag that the company's revenue could disappoint.

Simon's appearance on CNBC later this morning will take on some extra significance if the topic of QTD U.S. sales comes up.

WMT -0.1% premarket