Wal-Mart Stores

The focus turns to earnings from retailers this week. Abercrombie & Fitch (NYSE: ANF) and Nordstrom (NYSE: JWN) kicked things off last week. The former posted lower earnings per share in line with estimates, while the latter narrowly beat EPS expectations but revenues fell short. Here is a look...

Walmart (NYSE: WMT) has seen eight straight quarters of negative same-store sales. But its smaller Walmart Neighborhood Market stores saw a sales increase of 4% in the first quarter of 2011. The retail giant now says it will begin testing an even smaller-store format called Walmart Express. The...

Things will be fairly quiet on the earnings front this holiday-shortened week as the spring earnings season winds down. Joy Global (NASDAQ: JOYG) and SAIC (NYSE: SAI) are the only S&P 500 components currently on the scheduled to report quarterly results this week. The latter is expected to post...

Citigroup has raised the price target on Wal-Mart Stores (NYSE: WMT) from $63 to $70 and maintains its Buy rating.

Citi is providing a quick take from day one of the Wal-Mart Stores Inc (NYSE: WMT) international conference. “As of the end of 2010, Walmart Int'l sales were 26.1% of total sales. Sales have grown at a CAGR of 13.0% since 2005, 3x the rate of Walmart U.S. and Sam's Club,” Citi writes. “Looking...

Citigroup has raised the price target on Wal-Mart Stores (NYSE: WMT) from $62 to $63 and maintains its Buy rating.

Wal-Mart Stores, Inc. (NYSE: WMT) reported 4Q EPS of $1.34 (excluding $0.07 in tax benefits), “versus our above-consensus estimate of $1.32,” Goldman Sachs reports. “The company was able to leverage SG&A by 12 bp despite US SSS of -1.8%,” Goldman Sachs writes. “Gross margin increased 5 bp,...

JP Morgan has downgraded Wal-Mart Stores (NYSE: WMT) from Overweight to Neutral and has lowered the price target from $59 to $54.

Goldman Sachs has downgraded Wal-Mart Stores, Inc. (NYSE: WMT) from Buy to Neutral and has issued a $60 price target.

Goldman Sachs has published a research report on Wal-Mart Stores, Inc. (NYSE: WMT) as the smaller store format elicits a blueprint for future store growth. In the report, Goldman writes "WMT hosted a store tour at its newest supercenter in the New York area. The Garfield, NJ store opened on August...