It has been reported that Wal-Mart Stores Inc. (NYSE:WMT) is facing new food safety complaints in China.

Wal-Mart Stores Sees New China Complaints

The US based retailer giant Wal-Mart Stores Inc. (NYSE:WMT) is facing new accusations of food-safety violations in China, as the retailer attempted to recover from a pork-labeling scandal that jolted its China operations last year.

The Beijing Food Safety Administration said that in March a Beijing Wal-Mart Store Inc. (NYSE:WMT) sold sesame oil and squid with dangerous amounts of cancer-causing chemicals.

Wal-Mart Stores Inc. (NYSE:WMT) shares were at 67.07 at the end of the last day’s trading. There’s been a 9.8% change in the stock price over the past 3 months.

Wal-Mart Stores Inc. (NYSE:WMT) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 5 out of 18 in the industry