Wal-Mart Store Inc. (WMT) may face some selling pressure
November 12, 2009 9:32 AM
Wal-Mart Stores Inc. (NYSE: WMT) may face some selling pressure on Thursday, as Wal-Mart Stores Inc. (WMT) had already run up in anticipation of better Q3 results earlier this week. However, a mooted guidance released by Wal-Mart Stores Inc. (WMT) for Q4 revenues has belied their expectations.
Wal-Mart Stores Inc. (WMT), the world’s largest retailer, reported a 3.2% improvement in its profits on a year to year basis, which was helped by inventory management. Wal-Mart Stores Inc. (WMT) also forecast that its sales for Q4 would be little changed.







