Comments

Ticker Summary (WMT)

51.19+0.13 (+0.25%)
Open 50.61
High 51.25
Low 50.50
Volume 13,558,844
Market Cap 189.9B
52 Week High 56.27
52 Week Low 47.77
P/E 13.44
F P/E 11.63
EPS 3.81
Dividend 1.15
Yield 2.26%
1 Year Target 60.65

WMT 51.19 +0.25%

Wal-Mart Stores Inc. reported that its same-store sells, a key measure in the retail sector, missed its January targets and reported that sells increased by 0.4% well below analysts' forecasts of an increase of 1%. This slow growth in same-store sells is the lowest for Wal-Mart since March 2003, and it bolds bad for the economy as consumer spending currently accounts for nearly two-thirds of economic growth. Perkins stated that the retail sector should face turbulence in the coming months.

Negative Impact Positive Impact -1 | Circulate

Del.icio.us Digg Reddit StumbleUpon NewsVine

2 years 241 days ago by Tim

Submit comment

Please sign in or register to leave a comment.