This can't be good news for axp can it ?
check out KSS read what they say about negative revenues and negative same store sales..
Also coke warned this is a big part of walmart sales
williams sonoma warned
even walmart warned
the common man is tapped out !
Walmart Warned Gap Warned Williams Sonoma Warned.
Visa numbers were adjusted only 9% growth and with warnings for this quarter what will growth be next quarter ?
Kohl’s Corp. (KSS) drop ped nearly 5% in after-hours trading on Monday (resul ting in losses of about 6% in early Tuesd ay trading) after lo wering guidance for the third quarter and FY14.
By line of business, the company expects Children’s to report comparable sales increases for the quarter. Accessories, Footwear and Men’s are expected to report lower sales, but to outperform the company average. Home and Women’s are expected to underperform the company average.
Based on actual sales to date, the company expects its 2014 diluted earnings per share to be at the low end of its prior guidance, which was previously $4.05 - $4.45 per diluted share.
kohls customer !
Kohl’s C orp. (KSS) dropp ed nearly 5% in aft er-hours trad ing on Mond ay (resu lting in losse s of ab out 6% in ea rly Tue sday trading) after lowering guidan ce for the third quarter and FY14. Macy’s Inc (M) als o fell 1.35% in after-hours, as i nvestors are fe aring the do wnturn will spill over to the ot her major depart ment stores as well.
Kohl’s Corp. (KSS) dropped nearly 5% in after-hours trading on Monday (resulting in losses of about 6% in early Tuesday trading) after lowering guidance fo
r the third quarter and FY14. Macy’s Inc (M) also fell 1.35% in after-hours, as investors are fearing the downturn will spill over to the other major department stores as well.
anyone know ?
Terex Corporation operates as a lifting and material handling solutions company. Its Aerial Work Platforms segment designs, manufactures, services, and markets aerial work platform equipment, telehandlers, light towers, and bridge inspection equipment, as well as related components and replacement parts under the Terex and Genie brands. The companys Construction segment offers compact construction equipment, including loader backhoes, compaction equipment, mini and midi excavators, site dumpers, compact track loaders, skid steer loaders, and wheel loaders; and specialty equipment, such as material handlers, concrete mixer trucks, and concrete pavers. Its Cranes segment designs, manufactures, services, and markets mobile telescopic, tower, lattice boom crawler, lattice boom truck, truck-mounted cranes, and utility equipment, as well as related components and replacement parts. The companys Material Handling & Port Solutions segment offers industrial cranes, such as universal cranes, process cranes, rope and chain hoists, electric motors, light crane systems, and crane components; and port and rail equipment, including mobile harbor cranes, straddle and sprinter carriers, gantry cranes, reach stackers,
lets see if I am right again...
I am proud owner of 5 shares lol so if it misses it does not hurt much..
chipolte mexican grill warned !
catastrophic ! In addition Mcdonalds missed huge on both bottom and top line !
The demographic of the coke and mcdonalds customer is closely aligned with Walmart customer
Although walmart already warned I believe it's results will be far worse than many people expect and the stock has not corrected appropriately for whats coming. The common man is tapped out and the wealthy who have benefited from this stock bubble don't shop at walmart they go to tiffany and nordstromn etc.
60's are coming for walmart imo before end of this year..
without corresponding increase in earnings and revenues. I will never hold 90 imo and will se 70 by end of the year imo.
even a dow stock with a big name will fall when revenues are NEGATIVE and pe is 21 !