Friday, February 21, 2014

Using Minimum Wage Logic, All Walmart Needs To Do Is Raise Prices

Using Minimum Wage Logic, All Walmart Needs To Do Is Raise Prices: "This winter's wrath put a chill on Walmart's sales in the fourth quarter, leading to profit of $4.4 billion, a 21% drop, the company said Thursday.


Walmart's earnings per share were $1.34, down from $1.67 in the same quarter last year. For fiscal 2014, the company reported EPS of $4.85, a 2.0% increase over fiscal 2013's EPS of $5.01.

in morning trading, Walmart shares were down were down 88 cents, or 1.2% to $73.96."



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