A cool, wet spring
"Wal-Mart Stores Inc. reported a 14% rise in fiscal first-quarter earnings on a 9.5% increase in sales, but the results fell short of the company's expectations because of high gasoline prices and cool, wet spring weather."
What are the odds of that ever happening?
Its a shame there isn't some sort of aphorism or nursery rhyme that could clue us in to the extremely unlikely possibility of increased precipitation in the fourth month of the year. Who knows? Maybe this unusual weather activity might generate a significant uptick in foliage bloomings in the fifth month?
I'm going to have to go back to the Farmer's almanac and see if I can't figure out this difficult, meteorological conundrum.
Rain in the Spring. Who'da thunk it?
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Tracked on May 12, 2005 11:32:27 AM
» What is Wal-Mart Really Saying? from Well Spent
Yesterday investors initially shrugged off Wal-Mart's weak earnings news, partly because strong overall retail sales for April were announced at around the same time and weren't half bad. But during the day investors became increasingly worried that Wa... [Read More]
Tracked on May 13, 2005 9:43:35 AM
I don't know about the Wal-marts in your area, but I avoid our local Wal-mart like the plague. It is dirty, congested and in general dissarray. Target, on the other hand, is a totally different experience. Clean, uncongested and ordered. I think a lot of people just don't like the experience of going to Wal-mart.
Posted by: Arthur Hill | May 12, 2005 10:17:58 AM
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