Shop Talk

Retailers, consumers and prices

30 minutes with Wal-Mart’s CFO


schoeweAfter Wal-Mart (which is now calling itself Walmart) reported quarterly results, the media was given about half an hour to ask its Chief Financial Officer Tom Schoewe (pictured at left) questions.

We asked about its quarterly results, how back-to-school is shaping up (and for that matter, what about Christmas?), how are consumers faring and what about this call for employer mandated health care coverage?

Here are his answers to some of our questions (Most of the questions have been paraphrased):

Q:How were you able to post earnings per share at the top end of your forecast range while sales came in lower than expected?