Bloomberg got its hands on some internal emails exchanged by Walmart (WMT) executives discussing recent sales figures, and they don’t paint a rosy picture.
“February MTD [month-to-date] sales are a total disaster,” said Walmart vice president of finance and logistics Jerry Murray in Feb. 12 e-mail to other executives. “The worst start to a month I have seen in my ~7 years with the company.”
Internal memos like this are nothing new in the corporate world. They are in a twisted way a call to arms to address the situation which is more about executive bonuses than the financial health of the company. Since lackluster sales means no quarterly bonus, all this angst over sales is the whining of executives afraid they won’t make bonus.
Unfortunately, this vetching had unfortunate consequences. When this memo leaked out, sales of Walmart shares dove 3%.
So is Walmart doomed to depressed sales?
Wikipedia gives us the date of incorporation, when it became a fictitious legal person. We don’t have the time, so what below is the sunrise chart.
Walmart Corporation has the Sun in Scorpio with natal Saturn in Taurus, and a Moon in Cancer opposite its natal Mars in Capricorn. This is an ultra-security conscious company, with a natural inclination to aggressively manage its finances. Not only to they hold on to what they have, which explains their poor pay structure, they will stack the circumstances in their favor to keep it that way. If that means executives playing the martyr and manipulating others with their whining, so be it!
And it is true the company is experiencing a Saturn opposition. I call the Saturn opposition “the other Saturn Return”, because during this time there are difficulties, usually emotional ones manifesting in depression. So its fair to say that moral at this company is not in tip top shape.
But, fortunately for Wal-mart, transiting Jupiter in Gemini is making a trine to its natal Venus. This aspect brings in money. It’s fair to say that perception and reality don’t match at Bentonville at this time. Wal-mart going to do just fine and keep doing fine throughout the rest of this year.
So quit your bitchin’ Walmart execs. And next time you want to vent do it over the phone so you don’t leave a paper trail!
Walmart picture courtesy of a Creative Commons License issued by user Sven as documented by Wikepedia.