• If you are having problems logging in please use the Contact Us in the lower right hand corner of the forum page for assistance.

Ranchers.net

Investors concerned about the financial strength of the American consumer could take heart from Wal-Mart Stores' (WMT, news, msgs) results today.

The retailer this morning reported fourth-quarter earnings of $4.1 billion, or $1.02 per share, a 4% increase from the $3.94 billion, or 95 cents per share, in the same period a year ago. Excluding charges, Wal-Mart earned $1.04 per share, ahead of analysts' estimates of $1.02 per share.

Revenue rose nearly 10% to $107.4 billion, the first time a retailer has reported quarterly revenue more than $100 billion. Revenue was in line with analysts' expectations.

And how much of WalMart's inventories are imported???
Top