Want to join the conversation?
During 2Q16, $SPLS' SG&A fell $67MM YoverY after excluding charges of $24MM mainly related to litigation, as well as $10MM of charges mainly related to the proposed acquisition of $ODP during 2Q15. Non-GAAP SG&A rates slumped 53 BP YoverY to 22.2% reflecting lower labor costs due to headcount reduction & store closures and lower marketing expense.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.