Tuesday, May 19, 2015

Wal Mart : some unpleasant surprise...

By reporting lower-than-expected quarterly U.S. same-store sales growth, , Wal-Mart had an unpleasant surprise for the market. While stronger dollar should have helped the company with larger international purchases, the Company reportedly got hit by the strength of the dollar as  currency  fluctuations hurt net sales .

Wal-Mart   could do with some acumen in hedging. Will other corporates have similar fate? 

Without any risk or responsibility 

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