On Thursday Wal-Mart reported weak same-store sales for February, continuing its sales slump that began last year.Also Thursday, Wal-Mart's board approved a 31% increase in the company's dividend, bringing the annual payout to 88 cents a share from 67 cents a share. The world's largest retailer said it plans to return more than $3.6 billion to its shareholders in the form of dividends during fiscal 2008, based on the expected dividend increase.
Same-Store Sales February 2007
Wal-Mart +0.4%
Sam's Club +3.9%
Target +5.7%
Costco +4.0%
Wal-Mart +0.4%
Sam's Club +3.9%
Target +5.7%
Costco +4.0%
No comments:
Post a Comment