Eye on Wal-Mart

Daily Freeman (Kingston, NY) - - BUSINESS -

Wall Street an­tic­i­pates that Wal-Mart Stores’ lat­est quar­terly snap­shot will show mixed re­sults.

The world’s largest re­tailer is due to re­port its third-quar­ter earn­ings to­day. Fi­nan­cial an­a­lysts ex­pect Wal-Mart’s earn­ings de­clined in the Au­gust-Oc­to­ber pe­riod from a year ear­lier, even as rev­enue rose. That’s been the pat­tern this year for Wal-Mart, which is try­ing to fend off com­pe­ti­tion from Ama­zon.com, dol­lar stores and tra­di­tional gro­cers.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.