Wal-Mart Stores Inc. (NYSE: WMT) is set to report earnings this coming Tuesday morning before the open. The company already gave an approximate revenues number of $94 Billion. As you will see below, Wall…
Circuit City Stores, Inc. (NYSE: CC) has finally capitulated. There are two separate announcements this morning, but in reality it is all part of the same issue. This will allow the company to deal…
McDonald’s Corporation announced today that global comparable sales increased 5.0% in April and 6.8% year-to-date. Systemwide sales for McDonald’s worldwide restaurants increased 13.7% in April, or 6.5% in constant currencies. U.S. comparable sales rose…
Wal-Mart (WMT) continued to amaze. How does the world’s largest retailer grow faster than almost all of its competition? For the month of April, Wal-Mart’s sales were up 9.8% to $29.8 billion. International sales…
Today after market close we’ll get to see the earnings out of Blue Nile Inc. (NASDAQ: NILE). Blue Nile has suffered a miserable time of it since the highs last year. They have been…
Edward S. Lampert, billionaire and hedge fund manager, arrived at the Recession about six months late. The chairman of zombie retailer Sears (SHLD) "said the retailer is taking a conservative stance amid weak consumer…
In what could be a brilliant move if the recession and drop in retail sales worsen, Target (TGT) has agreed tot sell $3.6 billion of its credit card loan portfolio to JP Morgan (JPM).…
Wal-Mart (WMT) has decided Mom does not want flowers or candy this year. It is aggressively marketing the new Nintendo Wii Fit as a way to pull reluctant and impoverished shoppers into its stores.…
In a move that has probably never happened in its history, Home Depot (HD) will close 15 stores. It will also cancel the opening of another 50 locations. According to the company, "These closings…
Starbucks began the rocky phase of its relationship with Wall St. when its former CEO said that the company would eventually have 40,000 outlets. It had well under half of that when the prediction…
In a sign of self-loathing, Starbucks (SBUX) is turning to non-coffee drinks to rescue it. The coffee chain will begin selling smoothies and Italian iced drinks this summer. The firm hopes the new offerings…
Fresh Del-Monte (FDP) came out with some pretty strong earnings today. Income climbed to $63.6 million, or $1 per share, compared with $51.6 million, or 89 cents per share a year ago. Much of…
We at 247WallSt.com have made calls doing our own checks to see just how the new blockbuster mega-hit Grand Theft Auto 4 video game from take-Two Interactive (NASDAQ: TTWO) is selling at some of…
Under Armour (NYSE: UA) has reported earnings that look like more disappointment is on the way. The sports apparel company posted $0.06 EPS on revenues of $157.3 million, although First Call had estimates at…
Tuesday in the early hours of the morning, we’ll get to see earnings out of Under Armour, Inc. (NASDAQ: UA). The estimates for the performance apparel company from First Call are $0.03 EPS on…