Walmart Earnings Slammed by Weather
Walmart reported disappointing first-quarter 2015 results before markets opened Thursday morning due to severe weather in the United States.
Walmart reported disappointing first-quarter 2015 results before markets opened Thursday morning due to severe weather in the United States.
A former executive with Sears Holdings said late last week that his former company should "embrace the inevitable." He called what is happening at Sears the "world's slowest liquidation sale."
Wikimedia CommonsOften the simplest and most subtle changes can turn an industry upside down. A recent change by the Federal Trade Commission (FTC) in its language significantly broadens the definition of competitive segments in…
Since reporting fourth-quarter results on February 26, shares of J.C. Penney are up 48%. The retailer is scheduled to release fiscal first-quarter results after markets close on Thursday.
Retail behemoth Walmart is expected to post $1.15 in earnings per share (versus $1.14 a year ago) on less than a 2% revenue gain to $116.25 billion when it report its results this Thursday.
courtesy of Wal-Mart Stores Inc.Wal-Mart Stores (NYSE: WMT), with sales at its U.S. stores flat year-over-year for several quarters, needs strong revenue through the Memorial Day to Labor Day period. If it can pull this…
RadioShack had planned to close 1,100 stores. Lenders including GE Capital blocked the plan and forced the company to cut back the number to 200. Its stock may well trade for pennies very soon.
courtesy of Radio ShackRadioShack Corp. (NYSE: RSH) has backed away from plans, announced in March, to close 1,100 stores. Two of the retailers’ large creditors refused to support the plan. The cutbacks will be…
ThinkstockRetailers are announcing April U.S. same-store sales figures Thursday. Research firm Retail Metrics projected an overall gain of 3.9% year-over-year, but results came in far better — up 6%. The combined two-month gain for…
Organic and natural foods retail giant Whole Foods Market is so ugly in its post-earnings reaction that investors, new and old alike, will have to admit that the future is suddenly very different from…
Office Depot remains an interesting stock, even a day after its severe earnings reaction. The office supplies retailer saw its stock surge on Tuesday after offering a better quarterly report than expected.
Groupon shares are trading handily lower after earnings, to the point that if you did not look at the news you might just think that Groupon had another crummy earnings report.
Wikimedia CommonsGroupon Inc. (NASDAQ: GRPN) has reported its first quarter earnings for 2014. The daily deals and discounts reported earnings of -$0.01 per share, and revenue was $757.6 million. Thomson Reuters was expecting a…
Office Depot is back, sort of. Shares surged on Tuesday after the retailer of office supplies posted a better quarterly report than expected. If you follow this industry, the news is more than welcome.
Shares of Target took a hit of around 3% Monday morning following the resignation/firing of CEO Gregg Steinhafel. The interim CEO and chairman do not seem like serious candidates for the job.