Evans, Analyst, Sees 'Soft' Retail Sales in First Half: Video

Patti Freeman Evans, an analyst at Jupiter Research, talks with Bloomberg's Betty Liu and Matt Miller in New York about U.S. retailers' December sales and the outlook for retail sales in the first half of 2008. Wal-Mart Stores Inc., the world's largest retailer, said December sales climbed 2.4 percent, higher than analysts' estimates. Limited Brands Inc. cut its fourth-quarter profit forecast, and AnnTaylor Stores Corp., Chico's FAS Inc., and Cato Corp. also projected earnings less than analysts' estimates after sales fell. (Source: Bloomberg)

Bloomberg | January 10, 2008

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