Smaller retailers can feel smug knowing megastore chain Wal-Mart suffered from lower-than-expected sales and traffic this past holiday season too. The company issued revised fourth quarter guidance on Friday, with earnings expected at or below the low-end of previous guidance between $1.60 and $1.70 a share. Full-year earnings are expected at the low-end of $5.11 to $5.21 a share. Wal-Mart expects slightly negative comparable sales growth for both its namesake store and membership-only Sam's Club. Previous guidance had Wal-Mart with flat comps and Sam's Club with growth as high as 2%.

More from Video

Video: nLight Shares Surge Following Nasdaq Debut

Video: nLight Shares Surge Following Nasdaq Debut

Too Bearish Too Soon? Your Reality Check from Real Money's Helene Meisler

Too Bearish Too Soon? Your Reality Check from Real Money's Helene Meisler

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company

Jim Cramer: Chipotle Shares Are Probably Done Going Down

Jim Cramer: Chipotle Shares Are Probably Done Going Down

Jim Cramer: This Is a Sad Time for Southwest Airlines

Jim Cramer: This Is a Sad Time for Southwest Airlines