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dow2664 Wal-Mart Sales Trending News Today: Although signs reveal that the U.S. economy is moving in the right direction as of late, one retailer ( Walmart ) posted quarterly results this week which were surprisingly weaker than expected. Wal-Mart posted quarterly results this week which fell below expectations and caused shares of the mega-retailer to plummet during the last trading session. According to the data analysis, Wal-Mart’s year over year net income fell by approximately 12 percent. With the price of gas pushing higher and higher as we move through the current quarter, rebound estimates are muted for Wal-Mart . Although the mega retailer was a bit disappointed with its recent net earnings data, it is still head and shoulders above other competitors. Sears Holding is dealing with challenges in the current market environment. Sears data reveals a significant drop in sales and as a result, the retailer is considering shutting down more stores. Kmart stores are at risk as well. Wal-Mart may have had a hiccup in the data report, but it is still outpacing the competition. Share value close Last Session: Wal-Mart (WMT) Stores Inc. finished the last session in the red lower by 3.86 percent at 60.07 according to MSN Stock Quotes. Sears Holding Corp. finished the last session in the red by 6.58 percent to close the day at 50.94 according to MSN Stock Quotes. Genny Germano
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