date:May 17, 2013
Walmart has underperformed in first quarter of 2013, according toStephen Springham, senior retail analyst at Planet Retail, aLondon, England-headquartered market research firm.
Expectations had already been tempered ahead of the todays results presentation a slowdown in the US had already beentelegraphed by Walmart itself at the full-year presentation, hecommented. A challenging comp base (+3.0% in Q1 2012) wasexacerbated by weak consumer demand, as core US customers werehit by the double wham