19.09,2014 - Financial performance of Wal-Mart continues to deteriorate
American Corporation Wal-Mart is the world's largest retailer with sales of about 475 billion dollars, continues to show poor results in the United States. Thus, sales are down since 2009. Although on the other hand, total sales in the United States in the second quarter fell by 1.2%, while Wal-Mart is only 0.3%.
We recall that the company has 11,000 stores in 27 countries around the world, in spite of this international division brings to the company about 30% of revenue, but part of it will gradually grow. Despite plans for the further development of business abroad, the main efforts of the company are aimed at the development of online sales and additional services related to the Internet. We recommend holding the retailer's shares in the long-term portfolio with growth potential for the year by 15-20%.