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US-RETAIL-COMPANY-EARNINGS-WALMART-FILES
(FILES)Samantha Ortiz puts a newly purchased basketball hoop set from Walmart into her vehicle in Paramount, California in this November 23, 2012. US retail giant Wal-Mart on November 14, 2013 notched a 2.8 percent rise in third-quarter profit from a year ago, but trimmed its full-year profit forecast against a tough competitive backdrop. Wal-Mart Stores Inc., the world's largest retailer, said net income for the third quarter came in at $3.7 billion on revenue of $115.7 billion. Earnings translated into $1.14 per share, a penny above analyst forecasts. Revenue, up 1.7 percent from the 2012 third quarter, was well below the $116.8 billion consensus estimate. Wal-Mart, alluding to an intensely competitive retail landscape at home and abroad, plans an aggressive campaign of promotions this holiday season. The company managed to offset some of the effects of the US October 1-16 partial government shutdown with some prominent sale campaigns last month. AFP PHOTO / Frederic J. BROWN
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Detalii fotografie |
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Paramount, California, UNITED STATES |
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AFP / Mediafax Foto |
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| Fotograf: |
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Frederic J. BROWN |
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| Data: |
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14 Noiembrie 2013 |
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| Dimensiuni: |
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4200 x 2685 (1.14 MB) |
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