Wal-Mart Brings In Impressive Earnings While Target Struggles

walmart target

This is how capitalism works. People vote with their feet, and their dollars.

Are people who are upset with Target’s tranny bathroom policy driving right by & heading into their local Wal-Marts? Sure looks that way.

Via YoungCons: “Over a million people signed a petition pushing back against Target’s strange decision to allow customers to use whichever bathroom they feel more comfortable in.

Clearly, millions of people across the country don’t think it’s a good idea to eliminate gender roles and let women fend for themselves with males in the bathroom.

Many people have speculated that Wal-mart will see a boost in business after we started to see hints that Target’s business was starting to struggle.

Thursday, more evidence supporting that conclusion was revealed.”

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walmart stock

From CNBC: Wal-Mart Stores on Thursday reported a higher-than-expected quarterly profit and revenue, as sales in the U.S. market rose and the retailing giant kept a lid on costs.

Shares of Wal-Mart rose 7.5 percent in premarket trading following the announcement.

“Traffic has not been up year over year in the comp traffic for six consecutive quarters,” he added in a separate “Squawk Box” interview.

But other major retailers, excluding Home Depot and Lowe’s, have been reporting dismal quarterly results.

Case in point, Target on Wednesday reported a lower-than-expected increase in sales at established stores as consumers spent more on big-ticket purchases like homes and cars than on discretionary items like apparel.

Quarterly revenue at Target was short of estimates, though earnings did beat expectations.

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Jeff was the national rally organizer to free Marine Sgt. Tahmooressi from the Mexican prison, chairman emeritus of Ross Perot’s Reform Party of California, and a former candidate for governor. Jeff is editor-in-chief at Freedom Daily. He wrote for former Hollywood talent agent & Breitbart contributor, Pat Dollard, and headed up his 30 person research team. Mr. Rainforth also wrote for the Wayne Dupree Show. Jeff is single & says he is not gay.