Wal-Mart Reports Growth Across Segments, But Falls On Bleak Guidance

For the full year, Wal-Mart reported earnings per share of $5.07, which was marginally better than the street estimate of $4.99. Although the company was surprisingly able to deliver better-than-expected bottom-line results amid an edgy retail environment (despite healthcare cost pressures), its shares fell by close to 5% after the earnings release. This can be attributed to the fact that Wal-Mart guided its fiscal 2016 EPS below fiscal 2015′s levels on account of higher expenses related to a ...