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Wal-Mart Stores Inc. (NYSE: WMT) reports Q2 numbers before Thursday's open. The discount retailing giant has reported five consecutive quarters of declining same-store sales, a key metric in the retail industry that measure sales at stores open for at least a year. Analysts expect WMT to post EPS of $1.21, down from $1.24 in the same quarter a year ago. Forecasts for the quarter have fallen since April when EPS forecasts were for $1.29. WMT said in May it expected Q2 profit would come in at $1.15 to $1.25 a share, which at the time was below analyst forecasts of $1.28 a share. The company explained profit would be hurt by increased spending in three areas: its online sales efforts, its attempts to boost Sam's Club membership growth, and its costs tied to healthcare. Wal-Mart's second-quarter global sales are expected to show a modest rise to $119.08 billion from $116.9 billion, according to FactSet. Whisper numbers have WMT's EPS coming in at $1.22, a penny ahead of current forecasts. WMT shares are down 6.18% year to date.