Wal-Mart

Wal-Mart (NYSE: WMT) shares rallied 0.6% versus a 1.6% decline in the S&P 500 as the company delivered a US comp and Q3 EPS within its guidance range as well as upwardly revise its EPS outlook, Goldman Sachs reports. “It was another quarter in which the company demonstrated that it can drive...

Citi published its update on Wal-Mart Stores (NYSE: WMT) following 3Q10 EPS results. WMT's 3Q10 EPS results were a penny below Citi's estimate. This reflected a lower-than-expected gross margin contraction and lower-than-expected expense leverage. According to Citi, "WMT raised its 2010 EPS...

Citigroup has published a research report on Wal-Mart Stores Inc. (NYSE: WMT). In the report, Citigroup writes "While WMT's announcement that Charles Holley would replace Tom Schoewe as CFO of the company was unexpected, we do not anticipate a significant change in strategy, as the management...

Wal-Mart Stores, Inc. (NYSE: WMT) is introducing “Wal-Mart Family Mobile” is the name of the service, and will be available exclusively for sale in around 2,500 Wal-Mart stores beginning September 20, Piper Jaffray reports. Piper Jaffray writes that this will be Wal-Mart's own wireless brand, and...

Wal-Mart Stores, Inc. (NYSE: WMT) reported 2Q EPS of $0.97 (+9% y/y), $0.01 above consensus, while also reporting a record $4.1B in share buybacks, according to Deutsche Bank. 2Q sales were up 2.8% y/y, square footage was up 3.1%, partially offset by 1.1% in comps (including fuel costs), and EBIT...

While discount retailers like Wal-Mart (NYSE: WMT)(FREE stock trend analysis) and CostCo (NYSE: COST)(FREE stock trend analysis) cut prices and make hay in the recession, the decision to reduce prices is much harder for luxury-goods retailers to make. Glamorous shoe designer Anyi Lu has cut its...