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Wal-Mart profit, revenue beat expectations; US sales up more than expected (Target Down- Surprise!)
CNBC ^ | 5-19-2016 | Staff

Posted on 05/19/2016 4:53:15 PM PDT by ghosthost

Wal-Mart Stores on Thursday reported a higher-than-expected quarterly profit and revenue, as sales in the U.S. market rose and the retailing giant kept a lid on costs.

Shares of Wal-Mart closed up more than 9 percent Thursday.

The company posted first-quarter earnings per share of 98 cents, versus $1.03 a share in the year-earlier period. Revenue for the quarter came in at $115.9 billion, against the comparable year-earlier figure of $114.83 billion.

Analysts polled by Reuters expected the retail giant to report earnings per share of 88 cents on revenue of $113.22 billion.


TOPICS: Astronomy; Chit/Chat
KEYWORDS: amazon; amazonprime; brickandmortar; target; walmart

I love this article, because the liberal economists and reporters at CNBC can't imagine why Wal-Mart is ticking up! It must have something to do with lunar gravity, or the price of corn-- anything other than the fact that families all over the U.S. are boycotting Target and shopping elsewhere, in this case, Wal-Mart. Better put on that Sherlock Holmes hat-- it's another liberal mystery!

1 posted on 05/19/2016 4:53:15 PM PDT by ghosthost
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To: ghosthost

I won’t root for the chicoms either.


2 posted on 05/19/2016 4:58:13 PM PDT by Celerity
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To: ghosthost

Related story ...

http://www.freerepublic.com/focus/f-chat/3432154/posts


3 posted on 05/19/2016 5:00:42 PM PDT by sparklite2 ( "The white man is the Jew of Liberal Fascism." -Jonah Goldberg)
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To: ghosthost

Target has facilitated child rape and female rape and molestation in the very near future. Transsexual confusion is psychological delusional “assumption” . It is treatable with shock treatments or jail. Target is run by sex deviates that could have solved their issue with a PORT-a-Can in the parking lot for sick people to use with a question mark sign on the door.Instead,they have destroyed their company.


4 posted on 05/19/2016 5:00:44 PM PDT by WENDLE (50 states)
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To: ghosthost

Transgender men go to Target to see the girls. They don’t spend enough to cover these losses.


5 posted on 05/19/2016 5:04:44 PM PDT by umgud
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To: ghosthost

Coincidence? I think not!


6 posted on 05/19/2016 5:05:12 PM PDT by lee martell
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To: ghosthost

May Target go down the toilet...along with the rest of their perverts.


7 posted on 05/19/2016 5:10:42 PM PDT by WKUHilltopper (And yet...we continue to tolerate this crap...)
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To: ghosthost

Target sells the same cheap crap from Bangladesh and China - no difference there.

They have adopted the hip, progressive stance, and are using very divisive and social issues as a cheap marketing ploy. Very dangerous - but they have gotten away with it - UNTIL NOW.


8 posted on 05/19/2016 5:16:46 PM PDT by PGR88
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To: ghosthost

You’d think Target would have gotten a clue from what happened to JC Penney.


9 posted on 05/19/2016 5:43:20 PM PDT by E. Pluribus Unum (Feminists are nothing more than politically-correct sexists.)
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To: ghosthost

Bend over, Target.

You like it that way.


10 posted on 05/19/2016 5:47:11 PM PDT by Da Coyote
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To: E. Pluribus Unum
Thick liberal skulls full of mush take longer to absorb truth and facts:

Target Sales Drop Amid Transgender Promotion, Consumer Boycott, $10 Billion Stock Crash

11 posted on 05/19/2016 5:59:35 PM PDT by MamaDearest (<i>)
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To: ghosthost

“volatile economic trends” = insane decisions by arrogant, clueless CEO designed to piss off customers and drive them to competitors, only to never return.


12 posted on 05/19/2016 8:40:07 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: ghosthost

The economy thanks the American taxpayer and dEBiT cards.


13 posted on 05/20/2016 4:17:31 AM PDT by cp124 (Trade, Immigration, Intervention)
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To: ghosthost
working link to the story

http://finance.yahoo.com/news/wal-mart-earnings-revenue-top-110151420.html

14 posted on 05/23/2016 6:16:06 PM PDT by NoLibZone (I voted for Mitt. The lesser of 2 evils religious argument put a black Muzzi nationalist in the W.H.)
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