February 22, 2012

Independents Take Aim At Wal Mart Dollar General – Viewpoints

Harps Food Stores. Riesbeck Food Markets. Coborn’s. Windham IGA. These are only some of the retailers whose leaders trumpeted a message at last week’s NGA Show that really isn’t new but seemed fresh. It goes like this: Independent retailers probably can’t win by fighting bigger competitors on the same playing field. They must instead reach [...]

Wal-Mart sales bump comes on strength of national brand sales – The Packer

Wal-Mart has regained its footing by turning back the clock. The Bentonville, Ark.-based retailer reported a 5.8% increase in net sales in the fourth quarter 2012 and a similar gain for the entire fiscal year ending Jan. 31. Dick Spezzano, president of Monrovia, Calif.-based Spezzano Consulting Inc., said Wal-Mart has re-established itself as an “everyday [...]

Wal-Mart holiday price cuts hit profits – Reuters

Wal-Mart Stores Inc’s price cuts hurt its fourth-quarter profit and it plans to trim prices further in the coming months, a move that is expected to keep shrinking margins. The company’s shares, up more than 29 percent since August, fell 4.2 percent in early trading, erasing the gains seen so far in 2012. Wal-Mart’s quarterly [...]

Wal-Mart Profit Trails Estimates – Bloomberg

Wal-Mart Stores Inc. (WMT), the world’s largest retailer, reported fourth-quarter profit that trailed analysts’ estimates as an emphasis on low prices hurt margins. Net income for the quarter ended Jan. 31 fell 15 percent to $5.16 billion, or $1.50 a share, from $6.06 billion, or $1.70, a year earlier, the Bentonville, Arkansas-based retailer said today [...]

Wal-Mart holiday-season earnings disappoint investors

Wal-Mart Stores, the world’s largest retailer, finished the biggest quarter of its fiscal year with a mixed picture. Wal-Mart (WMT, Fortune 500) said Tuesday that earnings from operations in the fiscal fourth quarter — which includes the year-end holidays — rose to $1.51 a diluted share from $1.41 a year earlier, including 7 cent-a-share benefits [...]

Top 10 Walmart Headlines – Feb 20, 2012

Subscribe to our Top 10 Weekly Walmart Headlines by clicking here. Walmart Wins With a Back-to-Basics Approach – Reuters Earnings Preview: Walmart Stores – Forbes Did Walmart Love RFID To Death? – Smart Planet Kroger In the Ring With Walmart On Food Prices – Reuters Walmart and Target Retail Stores Give Amazon a Brick & [...]

Walmart wins with a back-to-basics approach – Reuters

Wal-Mart Stores Inc’s (WMT.N) turnaround appears to be gaining traction as simple strategies like undercutting competitors by a penny on a gallon of milk are helping to restore its image as the go-to retailer for budget-conscious Americans. When the world’s largest retailer reports fiscal fourth-quarter results on February 21, analysts on average expect to see [...]

Wal-Mart to release 4Q results Tuesday – BusinessWeek

Wal-Mart Stores Inc. is expected to report improvement in its U.S. namesake business when it released its fourth-quarter earnings before the market opens Tuesday. That kind of improvement would underscore how the world’s largest retailer is re-energizing its U.S. business by hammering on its low-price roots and using other tactics. And it should serve as [...]

Earnings Preview: Wal-Mart Stores – Forbes

Wal-Mart Stores (WMT) reports its fourth quarter earnings on Tuesday, February 21, 2012. What to Expect: The Wall Street consensus is $1.45 per share, up 8.2% from a year ago when Wal-Mart reported earnings of $1.34 per share. For the fiscal year, analysts are expecting earnings of $4.48 per share. Revenue is projected to be [...]

Walmart wins with a back-to-basics approach – Reuters

When the world’s largest retailer reports fiscal fourth-quarter results on February 21, analysts on average expect to see the company’s best U.S. sales performance in more than two years. They even say the company may have put an end to six quarters of declines in the number of visits to Walmart stores in the United [...]