Walmart (WMT) Peers on Watch Following Q2 Beat, Mixed Outlook, Stronger Comps (TGT) (COST) (DG)

August 16, 2012 7:16 AM EDT Send to a Friend
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Walmart (NYSE: WMT) peers on watch Thursday morning following stronger-than-expected Q2 results but relatively light guidance from the world's largest retailer.

According to data out earlier, Walmart topped Q2 EPS views by one cent. Looking ahead, Walmart boosted its outlook for fiscal 2012 EPS from a range of $4.72 to $4.92 up to $4.83 to $4.93. The Street was looking for EPS of $4.93. Walmart U.S. comparable store sales rose 2.2 percent while Sam's Club comps rose 4.2 percent.

Peers/competitors include: Costco (Nasdaq: COST), Amazon.com (Nasdaq: AMZN), Target (NYSE: TGT), Sears Holdings (Nasdaq: SHLD) (which also reported results today), and Dollar General (NYSE: DG).


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