I alwalys wanted to show my report card to the parents on my terms, so yeah you go Wal-Mart! I love the word “Guidance” that is magic!
Wal-Mart also said it would no longer offer monthly sales forecasts. Instead, it will offer guidance four times a year.
“We believe this guidance is a more appropriate measure for our investors,” said Tom Schoewe, Wal-Mart’s chief financial officer, “particularly in volatile times when consumer swings are more difficult to predict. This is more consistent with the long-term view we take on our business.”