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Emerson Radio (MSN) says Wal-Mart (WMT) has informed the company it will no longer sell two...

Emerson Radio (MSN) says Wal-Mart (WMT) has informed the company it will no longer sell two microwave products which accounted for approximately 48% of EMR's net revenues during FY12. Emerson will continue shipping these products throughout the remainder of FY13, with sales declining in 4Q13. Emerson anticipates that the full impact of Wal-Mart’s decision will be realized by the company in FY14. Shares -6% AH.
Comments (4)
  • jackever
    , contributor
    Comment (1) | Send Message
    You have poor content generation by confusing the radio company with the Electric company.
    I signed up for info on EMR. So do not send me stuff on the radio company.
    Jack Eeverett
    19 Oct 2012, 05:37 PM Reply Like
  • Vince Martin
    , contributor
    Comments (619) | Send Message
    There's another typo -- the products accounted for 31% of MSN revenue. Wal-Mart as a whole accounts for 48%.
    19 Oct 2012, 05:45 PM Reply Like
  • tampabay
    , contributor
    Comments (270) | Send Message
    Wal mart must have got a better price or product from someone else, so is business...
    19 Oct 2012, 08:37 PM Reply Like
  • Lakeaffect
    , contributor
    Comments (970) | Send Message
    EMR has nothing to do with this. SA must be stealing their copy writers from the layoff list over at Yahoo.
    20 Oct 2012, 10:31 AM Reply Like
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