Wal-Mart reduces sales forecast
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Wal-Mart, the world&#39;s largest retailer, has lowered its November growth forecast amid concerns that fuel costs may slow down Christmas retail sales.
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U.S. stock futures pointed to a lower market open on Monday as investors worried about a weak retail environment after a disappointing sales forecast from Wal-Mart Stores Inc.  and a rise in crude oil prices.
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Wal-Mart Stores Inc. WMT.N lowered  its August sales forecast on Monday as back-to-school demand  failed to meet its expectations and hurricanes in Florida  forced it to close 75 stores.
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Shoppers have brought satisfaction to many retail companies this year except, surprisingly, Wal-Mart Stores Inc. On Saturday Wal-Mart lowered prediction for November sales growth in the wake of lower-than-expected holiday sales figures.
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-- Wal-Mart Stores Inc. will cut back on spending to build new stores and tighten cost controls as sales growth slows over the next three years, Chief Financial Officer Tom Schoewe told investors and analysts at a conference Tuesday.
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U.S. stocks could start the week lower  after Wal-Mart Stores Inc. , a key barometer of the U.S.  retail sector, forecast a decline in monthly sales, signaling  caution about the holiday shopping season.
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U.S. stock futures trimmed gains,  pointing to a flat open for stocks on Monday, after Wal-Mart  Stores Inc. WMT.N lowered its August sales forecast as  back-to-school demand failed to meet expectations.
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Wal-Mart Stores Inc. WMT.N, 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.
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By Emily Kaiser CHICAGO  - Wal-Mart Stores Inc.  lowered its August sales forecast on Monday because of disappointing back-to-school demand, casting doubt on the strength of U.S. consumer spending in a key shopping season.
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Wal-Mart Stores Inc.  on Wednesday said September sales growth was even smaller than it originally estimated, sending its shares lower and dragging down stock futures.
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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. 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.  on Wednesday said September sales growth was smaller than it estimated just four days earlier, sending its shares lower and dragging down stock futures.
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U.S. stocks opened lower on Monday after a disappointing sales forecast from Wal-Mart Stores Inc.  over the weekend raised doubts at the start of the holiday shopping season.
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Wal-Mart Stores Inc. , the world's largest retailer, unexpectedly lowered its estimate for September US comparable-store sales growth to 1.3 percent after discovering mistakes in its calculations.
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NEW YORK - A disappointing sales forecast from Wal-Mart Stores Inc. sent stocks mostly lower Monday as investors worried that oil prices, which stabilized after last week's highs, would curb consumer spending and hurt companies' third-quarter earnings...