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Specialty retailer $CHS said in 2Q16, despite a difficult apparel retail sales environment, it was able to achieve adjusted earnings in line with last year as the company improved its merchandising margin rate, decreased total SG&A expense and reduced consolidated inventory versus last year. Consolidated comparable sales were down from last year.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$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?