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$AZO's net sales were $2.386Bil, up 5.6% over 1Q15. GM for the quarter was 52.5% of sales, up 45 BP due to higher merchandise margins partially offset by higher supply chain costs associated with current year inventory initiatives. EBIT was $483MM, up 7.2% over 1Q15 and EBIT margin was 18.4%.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.