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Earnings Analysis: 
Wal-Mart, Kohl’s Net Falls
Author: Trupti Mehta
123jump.com
Last Update: 10:54 AM ET August 13 2009



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11:00AM New York - Kohl’s Corporation sales rose 2% and net income fell 3%. Wal-Mart Stores, Inc revenue fell 1.4% and net income fell 0.3%.

Briggs & Stratton Corporation, a producer of air cooled gasoline engines reported fourth quarter sales fell 17% to $482.8 million from $581.1 million a year ago. Net income in the quarter rose 960% to $5.3 million or 11 cents per diluted share compared to net income of $0.5 million or 1 cent per share a year ago.

Net sales for the fiscal year fell 3% to $2.09 billion from $ 2.15 billion a year ago. Net income in the year rose 41.6% to $32.0 million or 64 cents per diluted share compared to net income of $22.6 million or 46 cents per share a year ago.

Briggs & Stratton Corporation (BGG) in the last one year traded as high as $18.62 in September 2008 and as low as $11.33 in March 2009. Based on the yesterday’s closing price of $17.02 the company has market cap of $847.81 million.

Dr Pepper Snapple Group, Inc, the beverage company reported second quarter sales fell 4.5% to $1.48 billion from $1.55 billion a year ago. Net income in the quarter rose 46.3% to $158 million or 62 cents per diluted share compared to net income of $108 million or 42 cents per share a year ago.

Dr Pepper Snapple Group, Inc (DPS) in the last one year traded as high as $26.52 in September 2008 and as low as $11.90 in March 2009. Based on the yesterday’s closing price of $23.52 the company has market cap of $5.97 billion.

Kohl’s Corporation, the department store operator reported second quarter sales rose 2% to $3.81 billion from $3.73 billion a year ago. Net income in the quarter fell 3% to $229 million or 75 cents per diluted share compared to net income of $236 million or 77 cents per share a year ago.

Comparable same store sales decreased 2.3%.

Kohl’s Corporation (KSS) in the last one year traded as high as $53.86 in September 2008 and as low as $24.98 in November 2008. Based on the yesterday’s closing price of $52.27 the company has market cap of $15.96 billion.

Urban Outfitters, Inc, the apparel retailer reported second quarter sales rose 1% to $458.6 million from $454.3 million a year ago. Net income in the quarter fell 14% to $49 million or 29 cents per diluted share compared to net income of $57 million or 33 cents per share a year ago.

Urban Outfitters, Inc (URBN) in the last one year traded as high as $37.20 in September 2008 and as low as $12.82 in November 2008. Based on the yesterday’s closing price of $28.22 the company has market cap of $4.75 billion.

Wal-Mart Stores, Inc, the world''s largest retailer reported second quarter revenues fell 1.4% to $100.08 billion from $101.5 billion a year ago. Net income in the quarter fell 0.3% to $3.44 billion or 88 cents per diluted share compared to net income of $3.45 billion or 87 cents per share a year ago.

Wal-Mart Stores, Inc (WMT) in the last one year traded as high as $63.17 in September 2008 and as low as $46.42 in November 2008. Based on the yesterday’s closing price of $50.51 the company has market cap of $196.82 billion.
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Market data: BATS Exchange. Inc.

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