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Wal-Mart Drops 5% Following Q4 Report, Lowered Sales Outlook
Thursday, February 18, 2016 - 8:40am | 321Shares of Wal-Mart Stores, Inc. (NYSE: WMT) were trading lower by more than 5 percent following the release of the company's fourth quarter results. Wal-Mart said it earned $1.49 per share in the fourth quarter on revenue of $129.7 billion. Wall Street analysts were expecting the company to...
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Wal-Mart Will Close Nearly 270 Stores, 16,000 Employees To Be Affected
Friday, January 15, 2016 - 10:27am | 327Shares of Wal-Mart Stores, Inc. (NYSE: WMT) were trading lower by nearly 2 percent ahead of Friday's opening bell following media reports that the company has closed stores in Brazil. Following the unconfirmed reports, Wal-Mart released an 8-K filing in which the company confirmed it plans...
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Think Wal-Mart's Results Are Bad? Raymond James Analyst Disagrees
Tuesday, May 19, 2015 - 1:57pm | 381Wal-Mart Stores, Inc. (NYSE: WMT) came out with worse-than-expected quarterly results on Tuesday morning. The company missed Wall Street's expectations on both the top line and bottom line. While analysts were expecting EPS of $1.05 on revenue of $116.23 billion, the company declared EPS of $...