Will Wal-Mart Stores (NYSE:WMT) disappoint or surpass analyst expectations for its most recent quarter? If the past is any indication, that question will be up for grabs, but the world's largest retailer did post an impressive 2.2% same-store sales growth figure in January.
Will Wal-Mart beat, meet, or fall short of expectations on Tuesday? The analysts have Wal-Mart pegged at a slim 7.1% rise in quarterly net income, down from a 12.1% gain in the year-earlier period. With all the hubbub on Wal-Mart's most recent results having been plagued by marketing missteps, lackluster gains, and cluttered stores -- can Wal-Mart rise above it all for it's just-completed quarter?I'll be live blogging Wal-Mart's quarterly earnings webcast right here at http://wmt.bloggingstocks.com, so stay tuned to this website this Tuesday, February 20 for all the coverage -- as it happens. The earnings will be released before the market opens (about 7:00 am Pacific Time). We'll see you as you have your morning coffee (or hot tea) about then!
Also check out some other earnings reports that we're following, and let us know what you're expecting.
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Reader Comments (Page 1 of 1)
2-18-2007 @ 10:54PM
Jack Schneider said...
After many years of owning Walmart shares I sold my block on thursday 2-17-07. I have lost confidence in the marketplace. I still beleve that all Walmart executives should read Sam Walton book you just can't knock success. I beleive that short selling and puts will be moving the market the wrong way in the next four quarters unless we end the war and bring the troops home asap.
2-19-2007 @ 3:18PM
Alan Day said...
Why was this comment posted. Three or four paragraphs to say I DON'T KNOW. duh
2-19-2007 @ 8:41PM
Jack Schneider said...
Alan you miss the point, this a very large company that has lost it way They are more concern about India than their core business They need to go back to the late eighty's and early ninty,s when every thing they touch turn to gold. I.E. American made goods, layaway depts and cater to the middle and lower middle class. I realize their sales were up 1% but Target was up 5+% in the last period What are they doing right???