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For FY17, $SBUX expects approx. 1,900 net new store openings. Consolidated revenue growth is expected to be approx. 10% on a 52 week basis and GAAP EPS is expected to be $1.88-1.89 due to the gain on sale of Germany retail operations. Non-GAAP EPS is expected to be $1.88-1.89 for FY17. For 4Q16, GAAP EPS is expected to be $0.53-0.54.
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.