Wal-Mart Same-Store Disaster

Wal-Mart (WMT) same store sales fell 3.5% for April. And, sales at the flagship Wal-Mart stores which exclued Sam's Club were down 4.6%.  Estimates were -1.1% for April.  The company is forecasting a small gain of +1% to +2% for May.

It may be time to close some of those outlets to get that number up.

Douglas A. McIntyre