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Articles tagged with: earnings

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Walmart stores miss forecast, bad news for even discount retailers.

January 8, 2009 – 9:14 pm – No Comment

Today Wal-Mart cut its 4th quarter earnings forecast because same-store sales had missed projections. The new forecast means that even discount retailers are having a hard time with the troubled economy.
Today’s reports were, not surprisingly, dismal, and accompanied by at least a dozen profit warnings, …

Disney theme parks being hit by hard times.

November 6, 2008 – 7:09 pm – No Comment

You know times are bad when the happiest place on earth isn’t doing the business it used to. Disney’s net earnings were down from $.44 a share to $.40 a share from last year’s fourth quarter.
Walt Disney Co. said today that bookings for its theme …

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