Wal-Mart: “Families Are Adjusting To A Reduced Paycheck And Increased Gas Prices”
by Tyler Durden
Moment ago Wal-Mart reported a top-line miss, a bottom line beat, a dividend hike and a rather subdued full year forecast ($5.20-$5.40 on Exp. of $5.39), and nobody cared. The only thing that algos and carbon-based lifeforms alike honed in on, was the recap of the most recent 13 week period, to see if WMT was only kidding when it said that February sales, which obviously were not part of Q4 results, were a “total disaster.” The reason WMT’s stock is not doing to well in the pre-market is that they did not like what they found.