Wal-Mart Falls 3 Pct on Forecast Cut
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Wal-Mart Stores Inc. WMT.N shares  fell 3 percent early Monday after the world's biggest retailer  cut its November sales forecast, casting a shadow over hopes  for a bumper holiday shopping season.
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BENTONVILLE, Ark. Aug. 23, 2004 - Wal-Mart Stores Inc., the world&#39;s biggest retailer, lowered its sales forecast for August, citing Hurricane Charley&#39;s swipe across Florida and slower than expected back-to-school sales.
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U.S. stock index futures pointed to a lower market open on Wednesday after Wal-Mart Stores Inc.  cut its September same-store sales figure and a national employment index came in well below economists' forecasts.
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Wal-Mart Stores Inc's  Japanese unit, Seiyu Ltd , boosted its annual loss forecast by 76 percent due to a charge to cut about 7 percent of its work force as it battles sluggish sales.
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U.S. stock index futures pointed to a weaker market open on Wednesday after Wal-Mart Stores Inc. , the world's largest retailer, cut its September same-store sales figure and a national employment index came in well below economists' forecasts.
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A DISAPPOINTING sales forecast from Wal-Mart Stores Inc sent US stocks mostly lower today as investors worried that oil prices, which stabilised after last week&#39;s highs, would
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Asian stocks edged down on Tuesday as  a reduced sales forecast by the world's biggest retailer,  Wal-Mart, stoked concerns of slower economic growth and offset  relief from lower oil prices.
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Wal-Mart Stores Inc.  said on  Monday it will drop prices this week on more than 16,000  products across its stores as the world&#39;s largest retailer  tries to reinvigorate sales for the back-to-school shopping  season.
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U.S. retailers are expected to post  modest November sales this week, with No. 1 retailer Wal-Mart  Stores Inc. WMT.N already cutting its holiday outlook on high  oil prices and warmer weather.
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Wal-Mart Stores Inc.'s  shares  dipped 1 percent early on Monday as Wall Street tried to  determine what caused surprisingly weak November sales and  looked ahead nervously to a make-or-break December.
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Wal-Mart Stores Inc.'s share price tumbled nearly 4 percent Monday after the world's largest retailer lowered its November sales forecast over the weekend, disappointing some analysts.
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Wal-Mart Stores Inc.  shares  slumped to a nine-month low on Thursday after Merrill Lynch  lowered its rating on the stock, citing concerns over slowing  sales and a tough economic outlook.
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Federated Departments Stores Inc. said Monday that Hurricane Jeanne will hurt third-quarter earnings by 1 cent to 2 cents per share, further lowering an outlook already cut because of lost sales from Hurricane Frances.
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Sales gains in the past week at Wal-Mart Stores fell well short of a year-ago, the company said Saturday. For the month, sales were at the bottom of the chain&#39;s forecast range.
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Wal-Mart Stores Inc., the world's biggest retailer, lowered its sales forecast for August, citing Hurricane Charley's swipe across Florida and slower than expected back-to-school sales.
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U.S. chain store sales fell for the  third consecutive week, as on-line shopping and gift cards  continue to cut into weekly sales figures, a report said on  Tuesday.
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Wal-Mart Stores Inc. , the No. 1 U.S. retailer, on Tuesday signaled it will cut prices in the weeks before Christmas after a strategy against deep discounts backfired on the first weekend of the holiday shopping season.