Monexnews-Wal-Mart Stores Inc., the world's largest retailer, the projected first quarter earnings trailed analysts estimate they will be over in naikannya income tax so that restrict shopping on low-income communities.
Persaham Quarter Earnings are now expected to be $ 1.11 to $ 1.16, said the Arkansas-based company today in a statement. Analysts project the company earnings are in $ 1.19, the average value of 18 estimates compiled by Bloomberg.
CEO Mike Duke is currently working hard to keep the prices remain low after the tax increases that occurred at the beginning of the year, causing Americans to pay more than 2% on social security taxes. Tax increases have slashed sales of Wal-Mart in February to be the beginning of the month the worst sales in the last seven years after disappointing results in January, according to an email from an Executive received by Bloomberg News.
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