Retail Earnings Preview: Will Wal-Mart Stores Inc. (WMT), Kohl's Corporation (KSS) Beat In Q2?
Description:U.S. Economist Stephen J. Guilfoyle spoke with the International Business Times about sentiment heading into this week’s retail earnings. Before the bell on Thursday, Wal-Mart Stores Inc. and Kohl's Corporation report quarterly results. Wal-Mart Stores Inc. (WMT) is expected to report second quarter earnings of $1.25 per share on revenue of $118.74 billion, compared with earnings of $1.18 per share on revenue of $114.30 billion in the year-ago quarter, according to analysts polled by Reuters. (3:55)