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ELTK, SSI, WMT, CRWE - PennyGovernance.com Stock Report! Eltek Ltd., Stage Stores, Wal-Mart Stores, Crown Equity Holdings

Posted, by pennygovernance on August 16th, 2012

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Eltek Ltd. (NASDAQ:ELTK), the leading Israeli manufacturer of advanced circuitry solutions, will release its financial results for the second quarter of 2012 on Tuesday, August 28, 2012, before the market opens.

Eltek's financial results will be released over the news wires and will be posted on its corporate website.

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Stage Stores, Inc. (NYSE:SSI) reported net income for the second quarter ended July 28, 2012 of $11.7 million, or $0.37 per diluted share. This compares to earnings of $0.29 per diluted share last year.

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Wal-Mart Stores, Inc. (NYSE:WMT) reported financial results for the quarter ended July 31, 2012.

Net sales for the second quarter of fiscal 2013 were $113.5 billion, an increase of 4.5 percent from $108.6 billion in the second quarter last year. Net sales for this quarter included a negative currency exchange rate impact of approximately $2.2 billion. Without the currency impact, net sales would have been $115.7 billion. Membership and other income increased 4.7 percent to $762 million. Total revenue was $114.3 billion, an increase of 4.5 percent from last year.

Income from continuing operations attributable to Walmart for the quarter was $4.0 billion, up 5.7 percent from the second quarter last year. Diluted earnings per share from continuing operations attributable to Walmart (EPS) for the second quarter of fiscal 2013 were $1.18. By comparison, last yearÂ’s reported EPS were $1.09. The company had several items last year that negatively impacted the second quarter by approximately $0.03 per share.

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crwe_logo_2 Crown Equity Holdings Inc. (CRWE)

CRWE has previously launched a new online service companies CRWE Real Estate. CRWE launched CRWE Real Estate to provide a global portal for property listings at a fee of only $1 a day. CRWE Real Estate (www.crwerealestate.com)mission is to empower consumers with information and tools to make smart decisions about homes, real estate and mortgages.

Crown Equity Holdings Inc. offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. CRWE advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. For more information about Crown Equity Holdings Inc. visit www.crownequityholdings.com.

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