Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Wal-Mart Stores    WMT

WAL-MART STORES (WMT)
Mes dernières consult.
Most popular
  Report  
Real-time Quote. Real-time BATS EXCHANGE - 04/24 10:15:36 pm
86.6500 USD   +0.64%
11:01pWAL MART STORES : PC Commissioners report on state of county
AQ
10:47pUnited Way of El Dorado surpasses goal
AQ
08:21pWAL MART STORES : 20th Taste of Jacksonville
AQ
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Wal Mart Stores : Asda 'on right track' despite falling sales

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/19/2017 | 12:03pm CEST

ASDA has posted another fall in quarterly sales, but the supermarket's US owner has insisted that the company is "on the right track".

The chain, owned by Walmart, reported a 2.8% fall in like-for-likes sales in its first quarter.

The figure represents an 11th consecutive quarter of sales declines but marks a slight improvement on the previous period, which saw Asda sales fall 2.9%.

Asda chief executive Sean Clarke said: "We're pleased that the momentum of the fourth quarter has continued into the New Year with a third consecutive quarter of improvement.

"We're delivering more consistently for our customers, particularly in fresh food, service and availability - both in stores and online.

"Despite this progress we are in no way complacent and there is still much for us to do."

Mr Clarke, who took up the reins last summer after being parachuted in to replace previous boss Andy Clarke, has slashed the prices of everyday items as he attempts to arrest falling sales.

Last August Asda posted its worst ever sales fall of 7.5%. In response, it announced in September it was lowering thousands of prices on everyday favourites by an average of 15%, with items such as beef, chicken and sausages all becoming cheaper.

In a trading update, Walmart said it is confident that Asda is "on the right track". Walmart chief executive Doug McMillon said: "We've made some progress in the UK."

© Copyright © 2017 Express & Star, All rights reserved., source Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on WAL-MART STORES
11:01pWAL MART STORES : PC Commissioners report on state of county
AQ
10:47pUnited Way of El Dorado surpasses goal
AQ
09:28pWAL MART STORES : Walmart eyes 500 solar-powered facilities by 2020, beating riv..
AQ
08:21pWAL MART STORES : 20th Taste of Jacksonville
AQ
06:27pWAL MART STORES : Get Ready With Kyle as He Breaks Down Walmart’s GRR
PU
05:46p2018 BCX AWARDS COMPETITION CALL FOR : The best in customer experience
AQ
04:34pWAL MART STORES : DoorDash and Walmart Join Forces to Accelerate Retailer's Onli..
AQ
04:21pWAL MART STORES : Benton County hires supervisor for construction
AQ
04:20pWAL MART STORES : Driver Gets Life-Imprisonment in Immigrants Death Case
AQ
04:18pWAL MART STORES : County road watch
advisories issued
AQ
More news
News from SeekingAlpha
08:00a12 Retirement Rules You Need In 2018 
04/23Don't Underestimate JD.Com's Network Effect 
04/23John's March Dividend Income Tracker - Retirement Accounts 
04/23WALMART : Too Expensive With Flipkart Acquisition 
04/23Treasury Yields Head Towards 3%, While Flipkart Investors Await Walmart's Off.. 
Financials ($)
Sales 2019 511 B
EBIT 2019 22 266 M
Net income 2019 14 378 M
Debt 2019 37 039 M
Yield 2019 2,47%
P/E ratio 2019 17,58
P/E ratio 2020 16,40
EV / Sales 2019 0,58x
EV / Sales 2020 0,56x
Capitalization 257 B
Chart WAL-MART STORES
Duration : Period :
Wal-Mart Stores Technical Analysis Chart | WMT | US9311421039 | 4-Traders
Technical analysis trends WAL-MART STORES
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 34
Average target price 104 $
Spread / Average Target 21%
EPS Revisions
Managers
NameTitle
C. Douglas McMillon President, Chief Executive Officer & Director
Gregory B. Penner Non-Executive Chairman
Jonathan Barker Chief Operating Officer
Brett M. Biggs Chief Financial Officer & Executive Vice President
Jeremy King Chief Technology Officer & Executive VP
Sector and Competitors
1st jan.Capitalization (M$)
WAL-MART STORES-11.92%256 652
ALIMENTATION COUCHE-TARD INC-19.44%23 445
CARREFOUR-8.68%15 584
AVENUE SUPERMARTS LTD26.39%13 885
YONGHUI SUPERSTORES CO., LTD-11.58%13 652
FAMILYMART UNY HOLDINGS CO LTD26.61%11 646