Seeking Alpha

Wal-Mart hits headwinds at home and abroad in Q4

  • Wal-Mart (WMT) reports sales grew 2.4% in the U.S. in Q4 with comparable stores sales growth declining 0.4% for the period. Sam's Club saw a 0.1% dip for the quarter, while the Neighborhood Market store format saw comp growth of 5%.
  • Revenue at Walmart International rose 1.3% to $136.5B as the retail giant experienced some of the same currency headwinds as other multinationals.
  • The company plans to add 270-300 new Express stores after seeing good results with the initial 20. The development adds to projected capex spending for 2015 with the new forecast moving to $12.4B-$13.4B from $11.8B-$12.8B.
  • Q1 EPS guidance is set at $1.10-$1.20 vs. $1.24 consensus.
  • WMT -0.8% premarket
From other sites
Comments (1)
  • bretdelman
    , contributor
    Comments (12) | Send Message
     
    Go Walmart
    21 Feb, 02:08 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector