Bulletin: Wal-Mart Stores Inc. Announces Quarterly And Annual Results, And Wage Increases; No Rating Impact - S&P Global Ratings’ Credit Research

Bulletin: Wal-Mart Stores Inc. Announces Quarterly And Annual Results, And Wage Increases; No Rating Impact

Bulletin: Wal-Mart Stores Inc. Announces Quarterly And Annual Results, And Wage Increases; No Rating Impact - S&P Global Ratings’ Credit Research
Bulletin: Wal-Mart Stores Inc. Announces Quarterly And Annual Results, And Wage Increases; No Rating Impact
Published Feb 19, 2015
Published Feb 19, 2015
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Abstract:

NEW YORK (Standard&Poor's) Feb. 19, 2015--Standard&Poor's Ratings Services today noted Wal-Mart Stores Inc. reported fourth quarter and fiscal 2015 results. Additionally, the company gave guidance that included a wage increase for associates effective in April that will increase wages to $9 an hour; by Feb. 1, 2016, current associates will be paid $10 an hour. Fourth quarter results included a 1.6% comparable stores sales increase in the U.S. (without fuel). Wal-Mart's sales in the U.S. improved incrementally throughout fiscal 2015, and we expect the company can maintain moderate low-single-digit same-store sales increases over the next year. Overall revenue in fiscal 2016 will weaken because the price of the fuel it sells has dropped, and because of

  
Report Type:

Bulletin

Ticker
Issuer
GICS
Hypermarkets & Super Centers (30101040)
Sector
Global Issuers , Structured Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Wal-Mart Stores Inc. Announces Quarterly And Annual Results, And Wage Increases; No Rating Impact" Feb 19, 2015. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Wal-Mart-Stores-Inc-Announces-Quarterly-And-Annual-Results-And-Wage-Increases-No-Rating-Impact-1384852>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Wal-Mart Stores Inc. Announces Quarterly And Annual Results, And Wage Increases; No Rating Impact Feb 19, 2015. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Wal-Mart-Stores-Inc-Announces-Quarterly-And-Annual-Results-And-Wage-Increases-No-Rating-Impact-1384852>
  
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