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Wal-Mart Q4 earnings show challenges

from USA Today

This winter's wrath put a chill on Walmart's sales in the fourth quarter, leading to profit of $4.4 billion, a 21 percent drop, the company said. Wal-Mart's earnings per share were $1.34, down from $1.67 in the same quarter last year. For fiscal 2014, the company reported EPS of $4.85, a 2.0 percent increase over fiscal 2013's EPS of $5.01. That missed Wall Street estimates for annual earnings per share of $5.11 and its quarterly estimate of EPS of $1.59. more


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