Quote from codetroll:
Yeah, but a lot of this was foreseen, especially by semi-smart individuals.
WMT is a good company, one of the few that's actually making money in this economy from a retailer.
I'm buying aggressively at these low levels.
-troll
Quote from ratchorg:
Notably, Wal-Mart (WMT) surprised most investors by reporting Dec comps below expectations and lowering Q4 guidance. This big box retailer had bucked the trend all year as consumers seeked out bargains. Comps in department stores also surprised investors. The group fared better than expected (KSS, JWN, JCP, M, DDS all beat Briefing.com consensus), but as seen from JWN and KSS's lowered guidance, the improved comps may be at expense of earnings..