In fact, a little extra research (sorry, I just refuse to perseverate over stocks like Scrooge McDuck or something....:lol: )reveals that the decline for Wal mart was in sales, about what one would expect in the economy of the last two yearseople have less money, people spend less money. Of course, that decline in sales averages out to around 2% per quarter.Including its United States, international and SamĀs Club divisions, however, Wal-Mart earned $5.02 billion, or $1.41 a share, from continuing operations compared with $4.82 billion or $1.26 a share, in the fourth quarter a year ago. For the 2011 fiscal year, earnings rose 6.3 percent to $15.4 billion.
That decline in sales is what is called "same store" sales, and is an indicator of retailing/merchandising strategy success.
That decline in sales is what is called "same store" sales, and is an indicator of retailing/merchandising strategy success.