Wal-Mart plans to hold its capital expenditure for the fiscal year 2013 in the same US$13-14bn range as for 2012.
The retail behemoth told its annual conference that its first priority will remain same-store sales growth, something that the latest figures show its US arm has now delivered for three consecutive months (July-September).
Mike Duke, president and CEO, said the company would also "leverage innovation, systems and processes to improve our overall productivity".
Charles Holley, executive vice-president and CFO, added that it would "invest in price and widen the price gap between our competitors and us".