EARNINGS WATCH

Wal-Mart (WMT): Q2 EPS of $0.97 in-line. Revenue of $103B (+2.8%) vs. $105.4B. Raises FY’11 EPS guidance to $3.95 – $4.05.

Carlsberg Lifts Forecast Carlsberg raised its forecast for 2010 as the Danish brewer posted a 36% rise in second-quarter profit due to increased market share in Russia and a better exchange rate against the ruble.

Urban Outfitters Posts 46% Jump in 2Q Profit Urban Outfitters Inc.’s profit rose 46%, more than expected, as the retailer posted record sales and earnings for the fiscal second quarter.

Home Depot 2Q Earnings Climb 6.8%; Sales Were Light

Sysco Profit Rises 7.1%

Tsingtao Brewery says H1 profit up 30% Tsingtao Brewery Co, China’s second-largest brewer by volume, said Monday its profit for the first half of the year climbed 29.74 percent year on year as sales of its high-end beers surged.

 

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