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Wal-Mart Pleases Investors Despite Drop in Same-Store Sales
Excerpt from the InvestorGuide.com Stock of the Day on 11/12/2009

The stock market is heavily influenced by any major news from Wal-Mart, because since Wal-Mart is the world's largest retailer, its performance is often indicative of overall market trends. And as the stock market trended down early this morning, you could easily venture that Wal-Mart's quarterly earnings report wasn't as positive as investors and analysts had hoped. Similarly to last quarter, there were both some positive and negative aspects to the earnings report, but it seems as if the recent trend with investors has been to focus more on the negative aspects. What were the details of Wal-Mart's earnings report, and are investors right to be concerned?

Wal-Mart's profit and revenue were pretty decent. Revenue rose 1.1% from $98.3 billion to $99.4 billion, slightly shy of analysts' estimates of $99.9 billion. Revenue would have risen 3.8% if it wasn't for unfavorable currency rates. Profits, however, rose 3.2% from $3.14 billion to $3.24 billion, or from 80 to 84 cents per share, beating analysts' estimates of an average of 81 cents per share. The company also reported that they are gaining market share around the world, and the company also slightly increased their yearly earnings forecast to $3.57 to $3.61 a share. Wal-Mart also reported strong international growth, particularly in the United Kingdom, Mexico and Brazil. And although the company is already a discount retailer known for its "everyday low prices," the company is reporting that it is cutting business costs (through methods such as reducing inventory levels), and is working on passing further cost savings on to their customers. More >


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Why Did Wal-Mart's Same-Store Sales Drop Unexpectedly?
Excerpt from the InvestorGuide.com Stock of the Day on 8/13/2009

Without a doubt, as the world's largest retailer, Wal-Mart's performance tends to be carefully analyzed and scrutinized. And until recently, it looked like Wal-Mart was going to unquestionably withstand the recession significantly better than many of its competitors. As Wal-Mart reported its second quarter earnings this morning, however, a few things became clear. The company has remained profitable, even slightly beating analysts' estimates, and increasing very gradually from the year before. However, a few key figures slipped unexpectedly, and this has caused some individuals to question whether Wal-Mart is actually as stable as they had believed. More >

Wal-Mart Fails to Meet March Expectations
Excerpt from the InvestorGuide.com Stock of the Day on 4/9/2009

Wal-Mart Stores Inc. (WMT: Charts, News, Offers) announced today that its U.S. in-store sales rose 1.4% in the March, yet many analysts considered the news disappointing. Most of Wall Street anticipated that the world's largest retailer to post a 3.2% increase. The Wal-Mart establishment is generally considered recession immune, but this recent report may have identified a chink in the retailer's armor. Why did Wal-Mart miss expectations by so much? Is this merely an off month or an indicator of future performance? More >

Wal-Mart: Low Price Reputation Generated High Sales
Excerpt from the InvestorGuide.com Stock of the Day on 12/5/2008

In this period of recessionary economic conditions and economic uncertainty, Wal-Mart was seen to be one of the stronger stocks to invest in due mostly to their reputation of providing low prices. Even as many US retailers reported lower profits like Sears (SHLD: Charts, News, Offers) did on Monday, retail-giant Wal-Mart ended up posting better than expected sales to top expectations. Wal-Mart is not scheduled to report their earnings until February 17 but a report on chain store sales was published yesterday giving many investors a taste of how retailers had performed in November and providing guidance on future performances. So how did Wal-Mart do exactly? What are some of the noteworthy details of the report relative to other retailers like Target (TGT: Charts, News, Offers)? Lastly, what can we see developing in the economy as a sign of what is to come? More >

Wal-Mart Shakes Off Recession Worries in Latest Quarter   2/19/2008

Wal-Mart Welcomes Quarterly Profit   11/13/2007

Wal-Mart Replacing Its "Low Prices" Slogan   9/13/2007

Wal-Mart Profits Up, Yearly Outlook Down   8/14/2007

Wal-Mart Profit Increase By 8 Percent, Still Disappoints   5/15/2007

Wal-Mart Strikes $1 Billion Deal for Chinese Rival   2/27/2007

Wal-Mart Stores (WMT) Upgrades

Date
Analyst
Old Rating
New Rating
08/17/2009
Rochdale
Hold
Buy
05/11/2009
Buckingham Research
Neutral
Accumulate
10/14/2008
UBS
Neutral
Buy
06/30/2008
UPDATE - Buckingham Research
Underperform
Neutral
06/30/2008
Buckingham Research
Underperform
Neutral
06/03/2008
Morgan Keegan
Market Perform
Outperform

Wal-Mart Stores (WMT) Downgrades

Date
Analyst
Old Rating
New Rating
06/15/2009
Goldman Sachs
Buy
Neutral
03/10/2009
Citigroup
Buy
Hold
10/06/2008
UBS
Buy
Neutral
08/07/2008
William Blair
Outperform
Market Perform
02/20/2008
BMo Capital
Outperform
Market Perform
07/13/2006
Merrill Lynch
Neutral
Buy

Wal-Mart Stores (WMT) New Coverage

Date
Analyst
Rating
10/15/2009
Standpoint Research
Buy
09/30/2009
Bernstein
Market Perform
09/21/2009
HSBC
Overweight
10/12/2007
Jefferies
Buy
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