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Alan Rifkin of BTIG enquires about the benefits of the ongoing initiatives in the commercial business. $AZO stated that the mega hub stores are outperforming expectations and the company plans to open more stores in 2017. The multiple frequency of delivery initiative is harder to evaluate. $AZO is trying to refine both these initiatives currently.
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.