Someone Should Thank Wal-Mart
This morning, Wal-Mart (WMT) reported a disappointing top line across all segments -- but we were braced for much worse considering the recently leaked internal company emails.
A domestic 1% comparison for the fourth quarter was not exactly inspiring, especially considering the all-important traffic metric turned negative for the first time in five quarters. What happened to all those price investments driving more people into the stores? After a leaked email that asked, "Where are all the customers?" (referring to January business), investors' minds were working overtime....176 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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