Wal-Mart lowers sales forecast
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Wal-Mart Stores Inc., the world&#39;s largest retailer, said Saturday it expects a 0.7 percent increase in November sales at its US stores open at least one year, down from a forecast of 2 percent to 4 percent a week ago.
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Wal-Mart Stores estimated that November sales fell 0.1 percent at its stores in the United States that have been open for at least a year.
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U.S. blue chips ended lower on Monday  as a disappointing sales forecast from Wal-Mart Stores Inc.  WMT.N cast a pall over sentiment, overshadowing a two-session  pullback in oil prices.
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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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As Wal-Mart continues to struggle with soft sales amid a housing slowdown and gas price pressures, the retailer announced Monday that it will cut prices further on 16,000 items this week to spur sales for the back-to-school shopping season.
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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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WAL-MART, the worldâs largest retailer, has cut its sales forecast, in the run-up to Christmas, by more than half after suffering a fall in the number of shoppers passing through its doors
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Wal-Mart Stores Inc., the No. 1 US retailer, on Thursday posted weak November sales and gave its lowest monthly forecast in 19 months for December as high oil prices crimp core lower-income consumers&#39; spending.
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US retailers are expected to post modest November sales this week, with No. 1 retailer Wal-Mart Stores Inc. (WMT.N: Quote, Profile, Research) already cutting its holiday
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Wal-Mart Stores Inc.  on Tuesday  reported a 26 percent drop in quarterly profit -- its first  earnings decline in more than 10 years -- because of a charge  for selling its German stores to a rival, but it maintained its  full-year profit forecast.
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Disappointed over its Thanksgiving weekend showing, retail giant Wal-Mart is overhauling its sales strategy for the coming holidays.
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Wal-Mart Stores Inc. (WMT.N: Quote, Profile, Research) shares fell 3 percent early Monday after the world&#39;s biggest retailer cut its November sales forecast, casting a shadow over hopes for a bumper holiday 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. already cutting its holiday outlook on high oil prices and warmer weather.
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Wall Street stocks moved mostly lower Monday on a disappointing sales forecast from Wal-Mart Stores Inc. as investors worried that oil prices would cut consumer spending and hurt companies&#39; third-quarter profits.
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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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U.S. stocks fell on Monday as investors worried about a soft retail environment after a disappointing sales forecast from Wal-Mart Stores Inc.  and a rise in crude oil prices.
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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.