Think Long-Term for Walmart (WMT)
February 05, 2009 at 15:48 PM EST
January’s industry-wide retail same-store sales were reported today. There was a common theme in the report, as retail sales suffered industry-wide, discount retailer Walmart (WMT) gained yet again. Walmart had anticipated flat to +2% same-store sales, but the results were +2.1%. By comparison, the industry excluding Walmart suffered a same-store sales decline [...]