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For FY16, ending July 30, 2016, $UNFI expects net sales to be in the range of approx. $8.46-8.50Bil, up approx. 3.4-3.8% over FY15. The company expects FY16 GAAP diluted EPS to be in the range of approx. $2.39-2.45 and CapEx to be approx. $40-45MM, or approx. 0.5% of estimated FY16 net sales.
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.