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



May 12, 2022, Malaysia:
The complex is home to more than 200 tenants selling authentic local goods.
Apr 29, 2022, Europe, Europe:
The store sells streetwear created in collaboration with designers such as Soho Grit, Alma de Ace, BAPE, Herschel, and Staple.
Apr 28, 2022, USA:
Nike and RTFKT have announced a new collection of Nike Dunk Genesis Cryptokicks sneakers.
Apr 27, 2022, USA:
Meta Store has the intention of demonstrating the possibilities of virtual reality devices, as well as dispelling the mystery around the concept of the math universe.
Apr 22, 2022, Brazil:
BR Malls Participacoes and Aliance Sonae Shopping Centers may merge to form Brazil's largest mall operator.
Apr 22, 2022, United Kingdom:
The online retailer began selling cosmetics from luxury and indie brands.
Friend
and Follow
K in Lautern GLA:224 966 SF
ADDRESS: 67655 Kaiserslautern
Germany . Kaiserslautern
K in Lautern
Westfield World Trade Center GLA:365 000 SF
ADDRESS: World Trade Center, Manhattan, NY 10007
Silesia City Centre GLA:699 654 SF
ADDRESS: Chorzowska 107
Poland . Katowice
Silesia City Centre
Adigeo GLA:452 084 SF
ADDRESS: Verona city center
Italy . Verona
Adigeo


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