Binder Says Wal-Mart's Traffic Trends Now `Less Bad'
187 views · Published 23 March 2012 · 3:33 · Indexed 26 September 2026
Channel: Bloomberg Originals · 2012 · Entertainment
Nov. 16 (Bloomberg) -- Daniel Binder, an analyst at Jefferies & Co., discusses the outlook for Wal-Mart Stores Inc. and Home Depot Inc.
Wal-Mart reported a 9.3 percent gain in third-quarter profit as growth abroad helped make up for sales declines at U.S. stores. Home Depot posted a 21 percent gain in third-quarter profit that beat analysts' estimates. Binder speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
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