BENTONVILLE, Ark. -- Wal-Mart Stores here said last week it is revising its first-quarter forecast downward as a result of the cold, wet spring weather across the country that has kept customers from buying seasonal items. The company said it is revising its earnings per share estimate for the first quarter downward from 32 cents to something about 30 cents per share. "Because of the cooler weather patterns we have seen over the last several weeks, we now believe earnings may come in below ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.