Find in the news:
BY COUNTRY

Walmart blames winter for decline in earnings



Walmart has blamed the cold weather for the decline in their lower than expected first quarter earnings.
They placed the blame on the brutal winter for keeping shoppers at home. This has caused the company’s shares to drop by almost 3% during Thursday’s trading.


The company reported first quarter 2015 fiscal revenue of $114.2 billion. This is lower than the $116.3 billion consensus by analysts, but shows an increase of 0.8% on the same period for the previous year. The chain notes a $1.6 billion profit from foreign exchange fluctuations and if this did not occur, the revenue would have seen an increase of 2.1% to $115.7 billion.


The retailer’s net income settled at $3.58 billion, which is a decline of 5.1% from the same period during the previous year. This resulted in share earnings of $1.10 per share, which is a decline from $1.14 during the same period last year.

Walmart is expecting figures for the next quarter to be relatively flat. Following the publication of its earnings results, the company’s shares dropped almost 3% during the pre-market trading session on Thursday.



More about shopping malls in the USA



YESTERDAY, USA:
Many millennials prefer to rent things rather than purchase. In the field of outdoor gear, such consumers are already more than a third.
Apr 18, 2019, United Kingdom:
An in-store cashback app that will provide retailers to force footfall by rewarding customers for spending in stores.
Apr 15, 2019, France:
The brand relies on pop-up stores and new men's clothing lines.
Apr 15, 2019, United Kingdom:
Iconic athleisure brand, Champion, is to open its first UK outlet store at Wembley Park’s London Designer Outlet.
Apr 11, 2019, Spain:
Winners of the most prestigious European retail property award were announced in Barcelona.
Apr 11, 2019, Slovenia:
Slovenia’s most modern shopping center, ALEJA, which is being built in the Šiška district of Ljubljana, will open next year.
ICSC ECE

Friend
and Follow
Charlotte Premium Outlets GLA:400 000 SF
ADDRESS: 5404 New Fashion Way Suite 100, Charlotte, NC 28278
USA . Charlotte
Charlotte Premium Outlets
Central Children's Store GLA:370 192 SF
ADDRESS: Teatralnyi proezd, 5
Russia . Moscow region
Central Children's Store
Aviapark GLA:2 475 699 SF
ADDRESS: ul. Aviakonstruktora Mikoyana, 10
Russia . Moscow region
Aviapark
Shopping City Süd GLA:1 862 156 SF
ADDRESS: Europaring 2334 Vösendorf
Austria . Vienna
Shopping City Süd


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us