Wal-Mart

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earnings expectationsBarnes & Noble, the Gap, RadioShack, and Sears — that may sound like the lineup at the local mall, but in fact they are just a few of the retailers scheduled to step into the earnings spotlight this week. Following last week’s disappointing January retail sales numbers from the Commerce Department but strong fourth-quarter reports from Abercrombie & Fitch (ANF) and Nordstrom (JWN), the coming week will offer plenty more data on the sector for investors to mull over.

Walmart

Bentonville-based Walmart (WMT) offered free holiday shipping, closed its Moscow office and named a chief merchandising officer during its fourth quarter. Analysts surveyed by Thomson Reuters forecast earnings for that period to come to $1.31 per share, up from $1.17 in the same quarter of last year. The world’s largest retailer also is expected to post revenues of $117.7 billion for the three months that ended in January. That’s 3.5% more than a year earlier.

Continue reading Week in Preview: Walmart, Home Depot and More Retail Earnings

Week in Preview: Walmart, Home Depot and More Retail Earnings originally appeared on BloggingStocks on Sun, 20 Feb 2011 12:30:00 EST. Please see our terms for use of feeds.

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Winn-Dixie Stores (WINN) issued results for its fiscal second quarter on Monday after the bell. Today, the supermarket chain, which counts Wal-Mart (WMT) as a related stock, is receiving a bid; at the time of this writing, the shares were higher by 2.5% to $6.98. Volume is above average.

The 52-week low for the equity is $5.95 while the 52-week high is $13.90. The one-year chart is not pleasant. Such a downturn in fortune doesn’t make the company appealing.

Continue reading Winn-Dixie’s Q2 Report: Buy or Sell the Numbers?

Winn-Dixie’s Q2 Report: Buy or Sell the Numbers? originally appeared on BloggingStocks on Tue, 15 Feb 2011 18:30:00 EST. Please see our terms for use of feeds.

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Verizon iPhoneTomorrow is a big day for Verizon (VZ) customers who have been waiting to get their chance to join the iPhone revolution, and we now learn that Wal Mart Stores (WMT) will also be carrying the Verizon iPhone 4 at 600 retail stores across the nation.

As of today, when you visit Apple (AAPL)’s website you are given the option to order an iPhone for use on either AT&T (T) or Verizon, with the price being the same for either option.

Continue reading Wal Mart Joins the iPhone Party

Wal Mart Joins the iPhone Party originally appeared on BloggingStocks on Wed, 09 Feb 2011 14:10:00 EST. Please see our terms for use of feeds.

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Walmart (WMT)Perhaps it is the cynic in me, but I was not surprised to read this story about Wal-Mart Stores Inc. (WMT) from Bloomberg. The news outlet obtained an e-mail that was sent to Walmart managers instructing them to raise prices on an average of 1,800 types of toys per store. The managers were instructed to perform the price markups “as soon as possible” and were told that the price changes were “to better enable your store and the company to have a successful financial month.”

Walmart stated that these price increases went into effect because temporary discounts on products (including toys) ended on November 30. Spokesman Ravi Jariwala, spokesman for Walmart, said in an e-mail, “Once a rollback ends, the item returns to its original everyday low price.” That said, Eric Johnson director of the Center for Digital Strategies at the Tuck School of Business at Dartmouth noted that “In previous years Wal-Mart has come out and hammered everyone with unbelievably low toy prices … They stepped away from that this year and after Thanksgiving their prices have crept back up.”

Continue reading Walmart Stores Raise Toy Prices for Christmas — Surprised?

Walmart Stores Raise Toy Prices for Christmas — Surprised? originally appeared on BloggingStocks on Thu, 16 Dec 2010 12:00:00 EST. Please see our terms for use of feeds.

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