(Reuters) - Wal-Mart Stores Inc , the largest private employer in the United States, said it was "looking at supporting" an increase in the federal minimum wage, Bloomberg reported, citing a company spokesman.
Wal-Mart is weighing the impact of additional payroll costs against possibly attracting more consumer dollars at its stores, David Tovar told Bloomberg. (http://link.reuters.com/hej96v)
President Barack Obama said last week he would sign an executive order to raise the minimum wage for federal contract workers to $10.10 an hour starting next year.
The order applies to new contracts and replacements for expiring contracts.
Wal-Mart is expected to report fourth-quarter results on Thursday.
(Reporting by Aditi Shrivastava in Bangalore)
