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UBS analyst Michael Binetti questions about the planned cost saving split between SG&A and COGS in 2Q17 and 2H17. $RL says that majority of its restructuring activities are heavily weighted to 2H17. The gross savings relative to the Way Forward Plan are $445MM. This represents SG&A savings and not net savings that will drop to the bottom line.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.