{"id":568376,"date":"2010-05-18T08:14:00","date_gmt":"2010-05-18T12:14:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/wal-mart-earnings-beat-epxectations-but-guidance-is-unimpressive-2010-5"},"modified":"2010-05-18T08:14:00","modified_gmt":"2010-05-18T12:14:00","slug":"wal-mart-earnings-guidance-is-unimpressive-as-firm-sees-continuing-challenging-sales-environment-wmt","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/568376","title":{"rendered":"Wal-Mart Earnings Guidance Is Unimpressive, As Firm Sees &#8220;Continuing Challenging Sales Environment&#8221; (WMT)"},"content":{"rendered":"<p><em><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/1b7a6c7915784a4a75492000-311-233\/wal-mart-walmart.jpg\" border=\"0\" alt=\"wal-mart walmart\" width=\"311\" height=\"233\" \/><a href=\"http:\/\/biz.yahoo.com\/prnews\/100518\/da06382.html?.v=1\">The release is out<\/a>. <\/em><\/p>\n<p>Earnings of $.88 were ahead of $.85 expectations.<\/p>\n<p>On the other hand, guidance for the coming quarter is a range of $0.93 tp $0.98. Analysts were already looking for $0.98, so this part isn&#8217;t so hot.<\/p>\n<p>Why don&#8217;t they see lights-out growth?<\/p>\n<p>Says CFO Tom Schoewe: &#8220;This includes the continuing challenging sales environment in <span class=\"xn-location\">the United States<\/span>.&#8221;<\/p>\n<p>Said CEO Mike Duke: &#8220;Our customers, particularly in <span class=\"xn-location\">the United States<\/span>, are still concerned about their personal finances and unemployment, as well as higher fuel prices&#8230;Our commitment to reducing prices and managing expenses positions us well across the retail landscape.&#8221;&nbsp;<\/p>\n<p>Shares are up modestly pre-market.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/wal-mart-earnings-beat-epxectations-but-guidance-is-unimpressive-2010-5#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/BY5Ktl5SeWY\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The release is out. Earnings of $.88 were ahead of $.85 expectations. On the other hand, guidance for the coming quarter is a range of $0.93 tp $0.98. Analysts were already looking for $0.98, so this part isn&#8217;t so hot. Why don&#8217;t they see lights-out growth? Says CFO Tom Schoewe: &#8220;This includes the continuing challenging [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-568376","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/568376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=568376"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/568376\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=568376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=568376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=568376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}