It seems like hopes for a strong back-to-school season (not to mention a more general spending recovery overall) are fading away for Wal-Mart (NYSE: WMT). Weak consumer spending may not be a huge surprise this quarter, but I found it interesting that the company also lost some operating leverage. In any case, while Wal-Mart really isn't the sort of stock to buy or sell on the basis of one quarter, but I find the valuation and potential here to be pretty underwhelming on the whole.
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http://www.investopedia.com/stock-analysis/081513/consumer-spending-looking-bleaker-walmart-wmt-tgt-aeo-amzn.aspx
Investopedia: Consumer Spending Looking Bleaker For Wal-Mart
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