On February 17th, Wal-Mart posts Q4 results. January comparable sales are released on February 5th.
The nation's number 1 electronics retailer reported its quarterly results on Tuesday, posting earnings of $0.13 per share, or $52 million in net income, down from $228 million in the same period a year ago. A Thomson Reuters poll of analysts called for earnings of 25 cents.
On January 8th, Wal-Mart disappointed Wall Street by reporting lower-than-expected December sales. Sales climbed just 1.9%, below the 2.6% gain a year-ago, and more importantly, below analysts expectations. The nation's largest discount retailer lowered its 2009 Q4 EPS guidance from continuing operations to $0.91 - $0.94, down from $1.03 - $1.07.
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