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$TJX 2Q16 PR: Net sales for Marmaxx were $4,805.88MM vs. $4,493.88MM in 2Q15. HomeGoods sales were $895.38MM vs. $773.07MM in 2Q15. International segments TJX Canada and TJX Europe net sales were $699.35MM and $963.12MM vs. $695.92MM and $954.34MM respectively in 2Q15.
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.