Did the Government Kill Wal-Mart's Earnings?

Wal-Mart (NYSE: WMT  ) kicked off July with an earnings miss on weak comp store sales. If you're a Wal-Mart shareholder, you may have Uncle Sam to thank for the weak numbers that were in part driven by the end of the payroll tax holiday and the delay in the IRS delivering refunds. The discounter has already been scrambling to address the potential cost of the Affordable Care Act, affectionately known as Obamacare.

In the video below, Fool.com contributor Doug Ehrman discusses the specifics of how he feels government policies were a big culprit in Wal-Mart's miss.

This is just the latest in a series of Wal-Mart's issues. To learn instead about two retailers with especially good prospects, take a look at The Motley Fool's special free report: "The Death of Wal-Mart: The Real Cash Kings Changing the Face of Retail." In it, you'll see how these two cash kings are able to consistently outperform and how they're planning to ride the waves of retail's changing tide. You can access it by clicking here.


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