19.05.2015 - Wal-Mart Stores showed weak results
The price of Wal-Mart Stores will decline in connection with the publication of weak statistics on sales in the first quarter. The company's revenue for the quarter that ended April 30 totaled 3.34 billion dollars or 1.03 dollars per share, from 3.59 billion dollars or 1.11 dollars per share for the same period of the last year. Revenues fell to 114.83 billion vs. expected 116.1 billion. We expect a further deterioration in figures of the company, despite the development of online sales and additional services. We do not expect the growth of the company's shares till the end of the year.