Wal-Mart (WMT -3.1%) responds to a leaked internal memo indicating February sales are weak by...
Friday, February 15, 2:48 PM ETWal-Mart (WMT -3.1%) responds to a leaked internal memo indicating February sales are weak by noting to CNBC that an executive was issuing an opinion rather than any official company data. While true, the alarm bells are still ringing. The Wal-Mart VP of finance and logistics on February: "The worst start to a month I have seen in my ~7 years with the company." Look for the topic to come up during the firm's earnings conference call on February 21.
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