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$DG 2Q15 Call: Sales increased nearly 8% to $5.1Bil. Delivered same-store sales growth of 2.8%. Same-store sales started out strong in May with June being weaker and sales strengthening in July. This was reflective of the weak overall, US retail sales report for June. Sales per square foot reached a record $225.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.