Want to join the conversation?
$KO's gross profit margin fell 59.9% for 3Q15 compared to 61.3% for 3Q14. Additionally, gross profit margin fell to 60.8% for the YTD period ended Oct. 2, 2015 compared to 61.5% for the same period a year ago. These decreases were primarily due to the impact of structural changes and the unfavorable impact of FX rate fluctuations.
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.