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$LOW 2Q15 Call: Comparable sales grew 4.3% primarily driven by 3.3% increase in average ticket. Comparable sales growth for US home improvement business was 4.6% with all 14 regions generating positive comps and positive comps in 11 of 13 product categories. Seasonal business performed well.
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.