Wal-Mart vs. Target in Canada: The Q1 report released by Wal-Mart (WMT -2.2%) is one of the...

May 16, 2013 2:27 PM ETWalmart Inc. (WMT)WMT, TGTBy: Clark Schultz, SA News Editor1 Comment
Wal-Mart vs. Target in Canada: The Q1 report released by Wal-Mart (WMT -2.2%) is one of the first indications of how Target's (TGT -0.7%) expansion into Canada is playing out for its rival. During the earnings call, execs didn't say the T-word (and the company won't take analyst questions), but they did cite lower traffic and a decline in operating income as well as noting Wal-Mart didn't leverage expenses in the nation. (transcript)

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