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Target reports another quarter of declining sales but says it sees some green shoots [Globe and Mail, The (Toronto, Canada)]

Walmart Inc. (WMT)  More Company Research Source: Globe and Mail, The
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
But the Minneapolis company on Tuesday offered a solid annual profit outlook that was better than Wall Street had been projecting, It also said it believes net sales with grow every quarter this year. Target also said comparable-store sales rose to start the current quarter. Shares jumped more than 4% before the opening bell. The company earned $2.30 per share, or $1.05 billion, for the three-month period ended Jan. 31. That compares with $2.41 per share, or $1.10 billion, during the year-ago period. Adjusted earnings per share for the most recent quarter was $2.44. Sales fell 1.5% to $30.45 billion during the latest period. For the full year, sales fell nearly 2% to $104.78 billion. Analysts were expecting $2.16 per share on sales of $30.46 billion, according to a survey by FactSet. Comparable sales — sales at established stores and online channels — fell 2.5%, followed by a 2.7% dip in the fiscal third quarter. The latest figure marks 11 quarters out of the past 13 that [Read more]
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Stockreport

Target reports another quarter of declining sales but says it sees some green shoots [Globe and Mail, The (Toronto, Canada)]

Walmart Inc.  (WMT) 
More Company Research Source: Globe and Mail, The
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
But the Minneapolis company on Tuesday offered a solid annual profit outlook that was better than Wall Street had been projecting, It also said it believes net sales with grow every quarter this year. Target also said comparable-store sales rose to start the current quarter. Shares jumped more than 4% before the opening bell. The company earned $2.30 per share, or $1.05 billion, for the three-month period ended Jan. 31. That compares with $2.41 per share, or $1.10 billion, during the year-ago period. Adjusted earnings per share for the most recent quarter was $2.44. Sales fell 1.5% to $30.45 billion during the latest period. For the full year, sales fell nearly 2% to $104.78 billion. Analysts were expecting $2.16 per share on sales of $30.46 billion, according to a survey by FactSet. Comparable sales — sales at established stores and online channels — fell 2.5%, followed by a 2.7% dip in the fiscal third quarter. The latest figure marks 11 quarters out of the past 13 that [Read more]
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