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[ST] Because of all the WM talk
- Subject: [ST] Because of all the WM talk
- From: <blh33@xxxxxxxxxxx>
- Date: Thu, 10 May 2007 14:29:41 -0500 (CDT)
bummer for them
Wal-Mart Sales Decline
Is Worst in 28 Years
By KRIS HUDSON
May 10, 2007 2:29 p.m.
DALLAS -- Wal-Mart Stores Inc. posted its worst monthly same-store sales results in at least 28 years, tallying a 3.5% decline in April due to this year's early Easter as well as generally challenging economic conditions for consumers.
Wal-Mart's 3.5% drop in the four-week period ending May 4 at U.S. stores fell below its earlier forecast of "flat" sales to a 2% decline. In a recorded phone message Thursday, Wal-Mart blamed bad weather last month in most U.S. regions and the early Easter on April 8, which pushed many Easter sales into March.
full article
http://online.wsj.com/article/SB117880185064598518.html?mod=googlenews_wsj
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