Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $28,748
35%  
Woo hoo!! And we're now over 35%!! Thank you all very much!! God bless.

Keyword: tuhkerjahbs

Brevity: Headers | « Text »
  • Wal-Mart profit misses forecast; outlook weak

    05/12/2005 8:08:27 AM PDT · by TXBSAFH · 223 replies · 2,558+ views
    cnn.netscape ^ | May 12, 2005 | Reuters
    Wal-Mart profit misses forecast; outlook weak CHICAGO (Reuters) - Wal-Mart Stores Inc. on Thursday reported a weaker-than-expected profit and said second-quarter results would miss Wall Street forecasts as steep energy prices and cool, wet weather cut spring sales. Shares of Wal-Mart, which said gasoline prices would continue to curb consumer spending in the current quarter, fell 4 percent in premarket trading. The world's biggest retailer said it expects trends to improve in the second half and remained optimistic about the U.S. economy. "Our results were not up to Wal-Mart standards," Chief Executive Officer Lee Scott said on a recorded message,...