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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.
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